| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Toward the end of trading Monday, the Dow traded up 1.71% to 33,857.87 while the NASDAQ rose 0.63% to 14,119.16. The S&P also rose, gaining 1.28% to 4,219.92.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 33,541,990 cases with around 601,820 deaths. India confirmed a total of at least 29,935,220 cases and 388,130 deaths, while Brazil reported over 17,927,920 COVID-19 cases with 501,820 deaths. In total, there were at least 178,513,810 cases of COVID-19 worldwide with more than 3,866,730 deaths, according to data compiled by Johns Hopkins University.
Leading and Lagging Sectors
Energy shares surged by 4.1% on Monday. Meanwhile, top gainers in the sector included Torchlight Energy Resources, Inc. (NASDAQ:TRCH), up 57%, and PEDEVCO Corp. (NYSE:PED), up 15%.
In trading on Monday, communication services shares rose by just 0.7%.
Top Headline
CNH Industrial N.V. (NYSE:CNHI) announced plans to acquire Raven Industries, Inc. (NASDAQ:RAVN) for $58 per share in cash.
Equities Trading UP
Lydall, Inc. (NYSE:LDL) shares shot up 86% to $61.82 after the company agreed to be acquired by Unifrax for $61.10 per share.
Shares of Torchlight Energy Resources, Inc. (NASDAQ:TRCH) got a boost, shooting 57% to $9.85 after the company provided a business update on its proposed business combination timing and payment date for its preferred stock dividend.
Raven Industries, Inc. (NASDAQ:RAVN) shares were also up, gaining 50% to $57.76 after CNH Industrial announced it will acquire the company for $58 per share in cash.
Check out these big movers of the day
Equities Trading DOWN
AiHuiShou International Co. Ltd. (NYSE:RERE) shares tumbled 14% to $14.80. AiHuiShou International, last week, priced its IPO at $14 per share.
Shares of Aptevo Therapeutics Inc. (NASDAQ:APVO) were down 15% to $23.34.
Tarsus Pharmaceuticals, Inc. (NASDAQ:TARS) was down, falling 16% to $29.21 after the company reported topline data from Phase 2b/3 Saturn-1 trial evaluating TP-03 (lotilaner ophthalmic solution, 0.25%) in patients with Demodex blepharitis.
Commodities
In commodity news, oil traded up 2.6% to $73.48, while gold traded up 0.9% to $1,784.70.
Silver traded up 0.4% Monday to $26.065 while copper rose 0.61% to $4.1825.
Euro zone
European shares closed higher today. The eurozone’s STOXX 600 gained 0.70%, the Spanish Ibex Index rose 0.23% and the German DAX 30 gained 1%. Meanwhile, the London’s FTSE 100 rose 0.64%, French CAC 40 rose 0.51% and Italy’s FTSE MIB gained 0.71%.
Economics
The Chicago Fed National Activity Index rose to 0.29 in May versus a revised reading of -0.09 in April.
