U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 350 points on Monday.

The Dow traded up 1.02% to 35,423.19 while the NASDAQ rose 0.24% to 13,942.57. The S&P 500, also rose, gaining, 0.65% to 4,507.13.

Check This Out: Merck, Delta Air Lines And 2 Other Stocks Insiders Are Selling

Leading and Lagging Sectors

• Financials shares jumped by 1.4% on Monday.
• In trading on Monday, information technology shares fell 0.1%.

Top Headline

Henry Schein Inc (NASDAQ:HSIC) reported better-than-expected second-quarter earnings.

Henry Schein posted quarterly sales of $3.10 billion, slightly missing the consensus of $3.11 billion, up 2.3% Y/Y, including 0.2% decrease in local currencies excluding acquisitions, 2.9% growth from acquisitions, and a 0.4% decrease related to foreign currency exchange. Adjusted EPS of $1.31, up 0.8%, beat the estimate of $1.25.

Equities Trading UP

• Vistagen Therapeutics, Inc. (NASDAQ:VTGN) shares shot up 1,026% to $18.91 after the company announced its Phase 3 PALISADE-2 trial evaluating the efficacy, safety, and tolerability of fasedienol met the primary and secondary endpoints.
• Shares of Tabula Rasa HealthCare, Inc. (NASDAQ:TRHC) got a boost, shooting 31% to $10.26 after the company reported better-than-expected second-quarter financial results.
• Sequans Communications S.A. (NYSE:SQNS) shares were also up, gaining 31% to $2.80 after Renesas Electronics announced it will acquire the company. Sequans Communications also reported second-quarter results.

Equities Trading DOWN

Also Check This Out: Top 5 Industrials Stocks That May Explode This Month

Commodities

In commodity news, oil traded down 1.1% to $81.91 while gold traded down 0.4% at $1,968.00.

Silver traded down 2.2% to $23.19 on Monday while copper fell 1% to $3.8290.

Euro zone

European shares were mixed today. The eurozone’s STOXX 600 rose 0.09%, London’s FTSE 100 fell 0.13% while Spain’s IBEX 35 Index fell 0.10% The German DAX declined 0.01% French CAC 40 gained 0.06% and Italy’s FTSE MIB Index declined 0.14%.

The Halifax house price index in the UK declined by 2.4% year-over-year in July following a 2.6% fall in June. Industrial production in Germany fell by 1.5% month-over-month in June.

Asia Pacific Markets

Asian markets closed mixed on Monday, with Japan’s Nikkei 225 rising 0.19%, China’s Shanghai Composite Index falling 0.59% and Hong Kong’s Hang Seng Index declining 0.01%. India’s S&P BSE Sensex, meanwhile, rose 0.3%.

China's foreign exchange reserves increased to $3.204 trillion at the end of July compared to $3.193 trillion in the previous month. Foreign exchange reserves in Singapore rose to SGD 452.5 billion in July from SGD 448.25 billion a month ago, while foreign exchange reserves in Hong Kong climbed to $421.6 billion in July.

The index of leading economic indicators in Japan fell to 108.9 in June versus a revised reading of 109.1 in the prior month, while index of coincident economic indicators increased to 115.2 in June versus a final 114.3. Reserve assets in Japan rose to $1.254 trillion in July versus $1.247 trillion in the prior month.

Economics

Data on consumer credit will be released at 3:00 p.m. ET.

Now Read This: This Analyst With 83% Accuracy Rate Sees Around 25% Upside In Amazon.com - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

COVID-19 Update

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 107,564,390 cases with around 1,170,780 deaths. India confirmed a total of at least 44,995,980 cases and 531,910 deaths, while France reported over 40,138,560 COVID-19 cases with 167,640 deaths. In total, there were at least 692,636,680 cases of COVID-19 worldwide with more than 6,905,360 deaths.