Nasdaq Rises More Than 1%; Housing Market Index Tumbles To This Much Low Level
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Monday. The Dow traded up 0.55% to 31,460.80 while the NASDAQ rose 1.15% to 11,584.68. The SP also rose, gaining, 0.7709% to 3,890.32. Also check this: Costco Wholesale And 3 Other Stocks Insiders Are Selling Leading and Lagging Sectors Energy shares rose 2.8% on Monday. Meanwhile, top gainers in the sector included North European Oil Royalty Trust (NYSE: NRT ), up 20% and BP Prudhoe Bay Royalty Trust (NYSE: BPT ) up 14%. In trading on Monday, utilities shares fell by 0.7%. Top Headline The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June’s reading of 67. Analysts, however, were expecting a reading of 65. Equities Trading UP Tantech Holdings Ltd (NASDAQ: TANH ) shares shot up 63% to $0.4228 after the company posted a narrower FY loss. Shares of Qudian Inc. (NYSE: QD ) got a boost, shooting 52% to $1.8050 after the company … Full story available on Benzinga.
Nasdaq Rises More Than 1%; Housing Market Index Tumbles To This Much Low Level
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Monday. The Dow traded up 0.55% to 31,460.80 while the NASDAQ rose 1.15% to 11,584.68. The SP also rose, gaining, 0.7709% to 3,890.32. Also check this: Costco Wholesale And 3 Other Stocks Insiders Are Selling Leading and Lagging Sectors Energy shares rose 2.8% on Monday. Meanwhile, top gainers in the sector included North European Oil Royalty Trust (NYSE: NRT ), up 20% and BP Prudhoe Bay Royalty Trust (NYSE: BPT ) up 14%. In trading on Monday, utilities shares fell by 0.7%. Top Headline The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June’s reading of 67. Analysts, however, were expecting a reading of 65. Equities Trading UP Tantech Holdings Ltd (NASDAQ: TANH ) shares shot up 63% to $0.4228 after the company posted a narrower FY loss. Shares of Qudian Inc. (NYSE: QD ) got a boost, shooting 52% to $1.8050 after the company … Full story available on Benzinga.