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Nasdaq Surges 150 Points; US Manufacturing PMI Rises In May
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 150 points on Monday.
The Dow traded down 0.07% to 38,657.77 while the NASDAQ climbed 0.92% to 16,888.59. The S&P 500 also rose, gaining, 0.35% to 5,296.20.
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Leading and Lagging SectorsInformation technology shares rose by 1% on Monday.
In trading on Monday, energy shares fell by 0.9%.
Top Headline
The S&P Global manufacturing PMI rose to 51.3 versus a preliminary reading of 50.9, and compared to 50 in April.
Equities Trading UP
Bio-Path Holdings, Inc. (NASDAQ:BPTH) shares shot up 96% to $4.0300. Bio-Path presented interim results from Phase 2 study of Prexigebersen (BP1001) in combination with decitabine and venetoclax for acute myeloid leukemia at the American Society Of Clinical Oncology Annual Meeting.
Shares of Microbot Medical Inc. (NASDAQ:MBOT) got a boost, surging 76% to $1.75 after the ...