Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 50 points on Monday.
Following the market opening Monday, the Dow traded up 0.04% 39,148.74 while the NASDAQ rose 0.36% to 16,054.82. The S&P 500 also rose, gaining, 0.16% to 5,096.91.
Check This Out: Intuitive Machines, Marriott International And 2 Other Stocks Insiders Are Selling
Leading and Lagging Sectors
Consumer discretionary shares rose by 0.2% on Monday.
In trading on Monday, utilities shares fell by 0.1%.
Top Headline
Domino’s Pizza Inc (NYSE: DPZ) reported better-than-expected fourth-quarter earnings.
The pizza chain reported fourth-quarter EPS of $4.48, beating the consensus of $4.38. The company reported sales of $1.40 billion, a slight improvement from $1.39 billion, marginally below the consensus estimate of $1.42 billion.
Domino's raised its quarterly dividend by 25% to $1.51 and authorized additional stock buyback of up to $1 billion.
Equities Trading UP
Akili, Inc. (NASDAQ: AKLI) shares shot up 148% to $0.5445 after the company reported positive results from Shionogi's Phase 3 clinical trial of localized version of Akili's EndeavorRx® for Pediatric ADHD patients in Japan.
Shares of ZyVersa Therapeutics, Inc. (NASDAQ: ZVSA) got a boost, surging 133% to $1.87 after surging over 30% on Friday.
MicroCloud Hologram Inc. (NASDAQ: HOLO) shares were also up, gaining 75% to $11.55 after tumbling 40% on Friday.
Equities Trading DOWN
Aclarion, Inc. (NASDAQ: ACON) shares dropped 66% to $0.3041 after the company priced its public offering of 5.175 million units. Each unit includes one share of common stock (or a pre-funded warrant), and two common warrants.
Shares of Intuitive Machines, Inc. (NASDAQ: LUNR) were down 25% to $7.18 after the company said its lunar lander may have tipped over upon landing on the moon.
Brera Holdings PLC (NASDAQ: BREA) was down, falling 21% to $0.8679.
Also Check This Out: Jim Cramer: Unity Software 'Had Problems,' But Zscaler Is A 'Good One' To Buy
Commodities
In commodity news, oil traded down 0.3% to $76.28 while gold traded down 0.6% at $2,036.20.
Silver traded down 2% to $22.525 on Monday while copper fell 1.4% to $3.8475.
Euro zone
European shares were mixed today. The eurozone’s STOXX 600 fell 0.2%, London’s FTSE 100 fell 0.1% while Spain’s IBEX 35 Index rose 0.1% The German DAX gained 0.1% French CAC 40 fell 0.4% while Italy’s FTSE MIB Index fell 0.3%.
Producer prices in Spain declined by 3.8% year-over-year in January following a 6.3% fall in the earlier month.
Asia Pacific Markets
Asian markets closed mostly lower on Monday, with Japan’s Nikkei 225 gaining 0.35%, Hong Kong’s Hang Seng Index falling 0.54%, China’s Shanghai Composite Index dipping 0.93% and India’s S&P BSE Sensex falling 0.4%.
Singapore’s manufacturing production gained 1.1% year-over-year in January following a revised 2.4% decline in December.
Economics
Building permits in the U.S. fell by 0.3% to an annual rate of 1.489 million in January.
Now Read This: Starbucks, Regeneron Pharmaceuticals And 2 Other Stocks Insiders Are Selling
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.