U.S. stocks traded higher this morning, with the Dow Jones index surging more than 200 points on Monday.

Following the market opening Monday, the Dow traded up 0.58% to 42,979.82 while the NASDAQ gained 1.45% to 19,905.93. The S&P 500 also rose, gaining, 1.03% to 6,003.89.

Check This Out: This Analyst With 85% Accuracy Rate Sees Around 16% Downside In Tesla – Here Are 5 Stock Picks For Last Week From Wall Street’s Most Accurate Analysts

Leading and Lagging Sectors

Information technology shares jumped by 2% on Monday.

In trading on Monday, utilities shares fell by 0.9%.

Top Headline

The S&P Global services PMI was revised downward to 56.8 in December compared to a preliminary reading of 58.5, and versus a reading of 56.1 in November.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded up 1.2% to $74.85 while gold traded down 0.4% at $2,643.60.

Silver traded up 1.7% to $30.565 on Monday, while copper rose 2.8% to $4.1855.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.5%, Germany's DAX 40 gained 1% and France's CAC 40 climbed 1.5%. Spain's IBEX 35 Index rose 0.7%, while London's FTSE 100 rose 0.1%.

Asia Pacific Markets

Asian markets closed lower on Monday, with Japan's Nikkei 225 falling 1.47%, China's Shanghai Composite Index falling 0.14%, Hong Kong's Hang Seng Index declining 0.36% and India's BSE Sensex falling 1.59%.

Economics

The S&P Global services PMI was revised downward to 56.8 in December compared to a preliminary reading of 58.5, and versus a reading of 56.1 in November.

Now Read This:

• Progress Software Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts