U.S. stocks traded higher this morning, with Nasdaq Composite gaining over 50 points on Monday.
Following the market opening Monday, the Dow traded up 0.21% to 33,948.78 while the NASDAQ rose 0.47% to 13,321.97. The S&P 500, also rose, gaining, 0.23% to 4,308.94.
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Leading and Lagging Sectors
Information technology shares jumped by 0.9% on Monday. Meanwhile, top gainers in the sector included WeTrade Group, Inc. (NASDAQ: WETG), up 11%, and Kingsoft Cloud Holdings Limited (NASDAQ: KC), up 12%.
In trading on Monday, energy shares fell by 0.6%.
Top Headline
Novartis agreed to acquire Chinook Therapeutics for $40 per share in cash.
Equities Trading UP
Advanced Health Intelligence Ltd. (NASDAQ: AHI) shares shot up 61% to $3.5028.
Shares of Chinook Therapeutics, Inc. (NASDAQ: KDNY) got a boost, shooting 56% to $37.46 after Novartis agreed to acquire the company for ...
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