U.S. stocks traded higher this morning, with the Dow Jones index gaining around 200 points on Monday.
Following the market opening Monday, the Dow traded up 0.57% to 39,599.54 while the NASDAQ rose 0.09% to 18,368.86. The S&P 500 also rose, gaining, 0.19% to 5,577.53.
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Leading and Lagging Sectors
Industrials shares jumped by 0.7% on Monday.
In trading on Monday, materials shares fell by 0.7%.
Top Headline
Shares of The Greenbrier Companies, Inc. (NYSE:GBX) fell around 6% on Monday after the company reported worse-than-expected third-quarter financial results.
Greenbrier posted GAAP earnings of $1.06 per share, missing market estimates of $1.15 per share. The company's quarterly sales came in at $820.200 million versus expectations of $928.733 million.
Equities Trading UP
- Morphic Holding, Inc. (NASDAQ:MORF) shares shot up 75% to $55.67 after Eli Lilly agreed to buy the company for $57 ...