U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining around 0.1% on Monday.
Following the market opening Monday, the Dow traded up 0.05% to 42,085.59 while the NASDAQ rose 0.02% to 17,951.13. The S&P 500 also rose, gaining, 0.10% to 5,708.21.
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Leading and Lagging Sectors
Top Headline
The Chicago Fed National Activity Index rose to +0.12 in August versus a revised reading of -0.42 in the previous month and better than market expectations of -0.20.
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were down 26% to $3.03. PainReform Ltd. PRFX was down, falling 23% to $0.5964. The company recently announced findings regarding the compatibility of sutures in human clinical trials of PRF-110
Commodities
In commodity news, oil traded down 0.1% to $70.92 while gold traded up 0.1% at $2,647.70.
Silver traded down 1.4% to $31.075 on Monday, while copper fell 0.4% to $4.3265.
Euro zone
Spain’s trade deficit narrowed to EUR 3.2 billion in July from EUR 4.9 billion in the year-ago month. The manufacturing climate indicator in France slipped to 98.6 in September from 98.9 in the prior month.
The S&P Global UK composite PMI declined to 52.9 in September from 53.8 in August, and down from market estimates of 53.5. German composite PMI declined for a fourth consecutive month to 47.2 in September, while French composite PMI declined to 47.4 in September versus 53.1 in the earlier month.
The HCOB Eurozone manufacturing PMI slipped to 44.8 in September from 45.8 in the prior month, while services PMI declined to 50.5 in September from 52.9 in August.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Hong Kong's Hang Seng Index falling 0.06%, China's Shanghai Composite Index gaining 0.44% and India's BSE Sensex gaining 0.45%.
The People's Bank of China unexpectedly cut the 14-day reverse repurchase rate by 10bps on Sept. 23.
Economics
The Chicago Fed National Activity Index rose to +0.12 in August versus a revised reading of -0.42 in the previous month and better than market expectations of -0.20.