Dow Surges Over 200 Points; Longboard Pharmaceuticals Shares Jump

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 0.8% on Monday.

The Dow traded up 0.53% to 43,092.98 while the NASDAQ rose 0.94% to 18,515.33. The S&P 500 also rose, gaining, 0.82% to 5,862.96.

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Leading and Lagging Sectors

Information technology shares jumped by 1.4% on Monday.

In trading on Monday, energy shares fell by 0.1%.

Top Headline

Trump Media & Technology Group Corp. (NASDAQ:DJT) announced the release of its Truth+ streaming service on the web.

Truth+ streaming service's content ranges from entertainment, news and faith-based programming to documentaries and weather. Apart from the web, users can access it via an Android app.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded down 1.8% to $74.18 while gold traded down 0.4% at $2,666.00.

Silver traded down 1.2% to $31.36 on Monday, while copper fell 2.3% to $4.3920.

Euro zone

European shares closed higher today. The eurozone's STOXX 600 gained 0.53%, Germany's DAX gained 0.69% and France's CAC 40 rose 0.32%. Spain's IBEX 35 Index rose 1.12%, while London's FTSE 100 rose 0.47%.

Asia Pacific Markets

Asian markets closed mostly higher on Monday, with Hong Kong's Hang Seng Index falling 0.75%, China's Shanghai Composite Index gaining 2.07% and India's BSE Sensex gaining 0.73%.

Economics

No major economic reports are scheduled for release today.

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