U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining over 300 points on Monday.

The Dow traded up 1.01% to 34,211.29 while the NASDAQ rose 1.52% to 11,896.33. The S&P 500 also rose, gaining, 1.07% to 4,134.24.

Check This Out: Top 5 Health Care Stocks That Could Blast Off This Month

Leading and Lagging Sectors

Top Headline

TreeHouse Foods Inc (NYSE:THS) reported mixed results for its fourth quarter.

The company posted quarterly sales growth of 22% year-on-year to $996.20 million, missing the consensus of $1.02 billion. Adjusted EPS of $0.98 beat the analyst consensus of $0.92.

Equities Trading UP

Equities Trading DOWN

Also Check This Out: Benzinga's Most Accurate Analysts Say Hold These 3 Real Estate Stocks Delivering High-Dividend Yields

Commodities

In commodity news, oil traded up 0.4% to $80.06 while gold traded down 0.6% at $1,863.40.

Silver traded down 1.1% to $21.84 on Monday while copper rose 0.8% to $4.05.

Euro zone

European shares were higher today. The eurozone’s STOXX 600 gained 0.9%, London’s FTSE 100 rose 0.83% while Spain’s IBEX 35 Index rose 1.02%. The German DAX climbed 0.58% French CAC 40 surged 1.11% and Italy’s FTSE MIB Index rose 0.63%.

The European Commission increased the growth outlook for this year to 0.9% in the 20 countries using the euro, up from 0.3% expected last November. Headline inflation in the Euro zone is expected to decline to 5.6% in 2023 compared to 8.4% in 2022, according to the European Commission.

Asia Pacific Markets

Asian markets closed mostly lower on Monday, with Japan’s Nikkei 225 dropping 0.88%, Hong Kong’s Hang Seng Index dropping 0.12% and China’s Shanghai Composite Index gaining 0.72%. India’s S&P BSE Sensex slipped 0.4%.

Singapore's non-oil domestic exports climbed by 3% year-over-year in 2022, versus a 12.1% increase in 2021. Singapore’s GDP grew by 2.1% from a year ago in Q4 versus the flash figure of 2.2%.

Economics

There were no major US economic releases Monday.

Now Read This: Fox, MGM Resorts And 3 Other Stocks Insiders Are Selling

COVID-19 Update

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 104,766,850 cases with around 1,140,010 deaths. India confirmed a total of at least 44,684,200 cases and 530,750 deaths, while France reported over 39,564,780 COVID-19 cases with 164,530 deaths. In total, there were at least 677,609,790 cases of COVID-19 worldwide with more than 6,782,460 deaths.