US Stocks Higher; Nasdaq Jumps 100 Points - Nuvve Holding (NASDAQ:NVVE)
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 100 points on Monday. Following the market opening Monday, the Dow traded up 0.55% to 38,073.10 while the NASDAQ rose 0.71% to 15,420.00. The S&P 500 also rose, gaining, 0.49% to 4,863.49.
Check This Out: Top 5 Health Care Stocks That May Crash This Month Leading and Lagging Sectors Real estate shares rose by 1.4% on Monday. In trading on Monday, consumer staples shares fell by 0.2%. Top Headline US leading index fell 0.1% for December, versus analysts’ expectations for a 0.5% decline.
Equities Trading UP Sagimet Biosciences Inc. (NASDAQ:SGMT) shares shot up 155% to $17.37 after the company announced denifanstat in the Phase 2b FASCINATE-2 clinical trial achieved statistically significant results on the primary and multiple secondary endpoints. Shares of Rail Vision Ltd.
(NASDAQ:RVSN) got a boost, surging 50% to $2.07. Rail Vision said its main line system has successfully obtained formal certifications for critical European Union railway standards. Fisker Inc.
(NYSE:FSR) shares were also up, gaining 33% to $1.04. Fisker filed a Form 8-K with the Securities and Exchange Commission regarding amendments with its 2025 convertible notes investor. Equities Trading DOWN Virios Therapeutics, Inc.
(NASDAQ:VIRI) shares dropped 33% to $0.5411. Virios Therapeutics announced plans to advance development of IMC-2 as treatment for symptoms associated with long-COVID. Shares of Processa Pharmaceuticals, Inc.
(NASDAQ:PCSA) were down 32% to $3.06. Processa Pharmaceuticals recently announced plans to expand the development of Next Generation Capecitabine into the treatment of advanced or metastatic breast cancer. Nuvve Holding Corp.
(NASDAQ:NVVE) was down, falling 22% to $2.9908. Nuvve recently announced a 1-for-40 reverse stock split. Also Check This Out: 3 Minutes To Boost Your Earnings: 3 Stocks With Over 5% Dividend Yields In Utilities Sector From Wall Street's Most Accurate Analysts Commodities In commodity news, oil traded up 1.2% to $74.28 while gold traded down 0.2% at $2,025.40.
Silver traded down 1.9% to $22.28 on Monday while copper fell 0.6% to $3.7640. Euro zone European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.7%, London’s FTSE 100 rose 0.2% while Spain’s IBEX 35 Index rose 1.1% The German DAX rose 0.6% French CAC 40 rose 0.6% while Italy’s FTSE MIB Index fell 0.3%.
Asia Pacific Markets Asian markets closed mixed on Monday, with Japan’s Nikkei 225 gaining 1.62%, Hong Kong’s Hang Seng Index falling 2.27% and China’s Shanghai Composite Index declining 2.68%. India’s S&P BSE Sensex, meanwhile, fell 0.36%. The annual inflation rate in Hong Kong eased to 2.4% in December from 2.6% in the prior month.
The People's Bank of China kept its lending rates unchanged at the January fixing. Economics US leading index fell 0.1% for December, versus analysts’ expectations for a 0.5% decline. Now Read This: How To Earn $500 A Month From AT&T Stock Ahead Of Q4 Print