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U.S. stocks traded higher midway through trading, with the Nasdaq Composite rising more than 200 points on Monday.
The Dow traded up 0.73% to 40,291.69 while the NASDAQ rose 1.16% to 18,611.47. The S&P 500 also rose, gaining, 0.81% to 5,660.67.
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Leading and Lagging Sectors
Energy shares jumped by 1.6% on Monday.
In trading on Monday, utilities shares fell by 2.1%.
Top Headline
The NY Empire State Manufacturing Index fell to a reading of -6.6 in July, compared to market estimates of -6.
Equities Trading UP
Equities Trading DOWN
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Commodities
In commodity news, oil traded down 0.2% to $82.08 while gold traded up 0.8% at $2,439.10.
Silver traded up 0.3% to $31.26 on Monday, while copper fell 1% to $4.5475.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 0.91, Germany's DAX fell 0.69% and France's CAC 40 fell 1.16%. Spain's IBEX 35 Index fell 0.79%, while London's FTSE 100 fell 0.75%.
Industrial production in the Eurozone declined 0.6% month-over-month in May following a flat reading in the prior month.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Hong Kong's Hang Seng Index falling 1.52%, China's Shanghai Composite Index gaining 0.09% and India's S&P BSE Sensex gaining 0.18%.
Indian merchandise trade deficit increased to $21 billion in June from $20.1 billion in the year-ago period, while wholesale prices rose by 3.36% year-over-year in June following a 2.61% increase in the prior month. Total passenger vehicle sales in India surged 5.0% year-over-year to 294,133 in June.
Chinese retail sales increased by 2% year-over-year in June, while industrial production climbed by 5.3% year-over-year in June. The Chinese economy expanded by 0.7% in the second quarter, compared to a revised 1.5% increase in the prior quarter.
Economics
The NY Empire State Manufacturing Index fell to a reading of -6.6 in July, compared to market estimates of -6.
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