U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Monday.
Following the market opening Monday, the Dow traded up 0.09% to 44,953.54 while the NASDAQ gained 0.54% to 19,322.17. The S&P 500 also rose, gaining, 0.21% to 6,045.08.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 1.3% on Monday.
In trading on Monday, real estate shares fell by 0.6%.
Top Headline
Li Auto Inc. (NASDAQ:LI) said on Sunday that it delivered 48,740 vehicles in November, marking an 18.8% jump in sales year-over-year but a 5.3% drop from October when it delivered 51,443 vehicles.
The rise in sales, Li Auto said, could be attributed to robust sales across its model lineup.
Equities Trading UP
- Senti Biosciences, Inc. (NASDAQ:SNTI) shares shot up 244% to $7.42 after the company announced a private investment in public equity to issue and sell an aggregate of 16,713 shares of Series A Convertible Preferred Stock.
- Shares of Safe & Green Holdings Corp. (NASDAQ:SGBX) got a boost, surging 69% to $0.8267.
- ParaZero Technologies Ltd.. (NASDAQ:PRZO) shares were also up, gaining 60% to $1.9799. ParaZero Technologies recently announced it received a designation verification report approval from the European Union Aviation Safety Agency for its SafeAir M-300 Pro and SafeAir M-350 Pro parachute safety kits.
Equities Trading DOWN
- Mondee Holdings, Inc. (NASDAQ:MOND) shares dropped 20% to $0.5711 after the company announced it received a delist determination notice from the Nasdaq.
- Shares of Thunder Power Holdings, Inc. (NASDAQ:AIEV) were down 20% to $0.3741.
- Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) was down, falling 15% to $2.25.
Commodities
In commodity news, oil traded up 1.3% to $68.89 while gold traded down 0.4% at $2,669.70.
Silver traded down 0.4% to $30.990 on Monday, while copper fell 0.1% to $4.1350.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.6%, Germany's DAX climbed 1.3% and France's CAC 40 gained 0.1%. Spain's IBEX 35 Index rose 0.7%, while London's FTSE 100 rose 0.4%.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.80%, Hong Kong's Hang Seng Index gaining 0.65%, China's Shanghai Composite Index climbing 1.13% and India's BSE Sensex gaining 0.56%.
Economics
The manufacturing PMI will be released today.
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