U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 400 points on Monday.
The Dow traded up 1.24% to 32,804.26 while the NASDAQ rose 0.67% to 10,545.27. The S&P 500 also rose, gaining, 0.78% to 3,799.81.
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Leading and Lagging Sectors
Energy shares gained 1.5% on Monday. Leading the sector was strength from Millicom Peabody Energy Corporation (NYSE: BTU) and Uranium Royalty Corp. (NASDAQ: UROY).
In trading on Monday, utilities shares tumbled by 3.1%.
Top Headline
HF Sinclair Corporation (NYSE: DINO) reported better-than-expected results for its third quarter on Monday.
HF Sinclair posted quarterly earnings of $4.58 per share, topping market estimates of $4.12 per share. The company’s quarterly sales came in at $10.60 billion, versus expectations of $8.28 billion.
Equities Trading UP
Veru Inc. (NASDAQ: VERU) shares shot up 35% to $14.00 following publication of briefing documents ahead of the Nov. 9 FDA Adcom meeting for its COVID-19 treatment candidate.
Shares of Oyster Point Pharma, Inc. (NASDAQ: OYST) got a boost, shooting 39% to $11.64 after the company announced it ...
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