U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 75 points on Monday.
The Dow traded up 0.07% to 33,325.35 while the NASDAQ rose 0.62% to 12,360.60. The S&P 500, also rose, gaining, 0.27% to 4,135.07.
Check This Out: Top 5 Materials Stocks That May Collapse This Month
Leading and Lagging Sectors
Materials shares rose by 0.5% on Monday. Meanwhile, top gainers in the sector included Trinseo PLC (NYSE: TSE), up 10%, and Ivanhoe Electric Inc. (NYSE: IE), up 10%.
In trading on Monday, utilities shares fell 1.4%.
Top Headline
Tower Semiconductor Ltd (NASDAQ: TSEM) posted upbeat results for its first quarter.
Tower Semiconductor reported a revenue decline of 15.6% year-on-year to $355.6 million, beating the consensus of $352.4 million. EPS of $0.64 beat the consensus of $0.47.
Equities Trading UP
NeoGames S.A. (NASDAQ: NGMS) shares shot up 112% to $27.20 as the company agreed to be acquired by Aristocrat Leisure Limited for $29.50 per share in cash.
Shares of 1847 Holdings LLC (NASDAQ: EFSH) got a boost, shooting 49% to $0.82 after the company reported a 27.6% increase in ...
Related tickers: TSEM, TSE, JAGX, EFSH, ATNX, LRMR, NGMS, IE, OMH.
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