Mid-Afternoon Market Update: Nasdaq Gains 100 Points; New Senior Investment Shares Spike Higher
Toward the end of trading Monday, the Dow traded down 0.49% to 34,266.49 while the NASDAQ rose 0.72% to 14,463.26. The SP also rose, gaining 0.05% to 4,283.04. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,625,390 cases with around 603,960 deaths. India confirmed a total of at least 30,279,330 cases and 396,730 deaths, while Brazil reported over 18,420,590 COVID-19 cases with 513,470 deaths. In total, there were at least 181,167,050 cases of COVID-19 worldwide with more than 3,924,860 deaths, according to data compiled by Johns Hopkins University. Leading and Lagging Sectors Information technology shares jumped by 1% on Monday. Meanwhile, top gainers in the sector included QAD Inc. (NASDAQ: QADB ), up 79%, and JinkoSolar Holding Co., Ltd. (NYSE: JKS ), up 22%. In trading on Monday, energy shares fell 3.2%. Top Headline Perion Network Ltd (NASDAQ: PERI ) reported preliminary second-quarter FY21 revenue growth of 74% year-on-year to $105 million, exceeding the
Mid-Afternoon Market Update: Nasdaq Gains 100 Points; New Senior Investment Shares Spike Higher
Toward the end of trading Monday, the Dow traded down 0.49% to 34,266.49 while the NASDAQ rose 0.72% to 14,463.26. The SP also rose, gaining 0.05% to 4,283.04. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,625,390 cases with around 603,960 deaths. India confirmed a total of at least 30,279,330 cases and 396,730 deaths, while Brazil reported over 18,420,590 COVID-19 cases with 513,470 deaths. In total, there were at least 181,167,050 cases of COVID-19 worldwide with more than 3,924,860 deaths, according to data compiled by Johns Hopkins University. Leading and Lagging Sectors Information technology shares jumped by 1% on Monday. Meanwhile, top gainers in the sector included QAD Inc. (NASDAQ: QADB ), up 79%, and JinkoSolar Holding Co., Ltd. (NYSE: JKS ), up 22%. In trading on Monday, energy shares fell 3.2%. Top Headline Perion Network Ltd (NASDAQ: PERI ) reported preliminary second-quarter FY21 revenue growth of 74% year-on-year to $105 million, exceeding the