Gold Moves Higher; Robinhood Shares Jump

Author: Avi Kapoor | September 08, 2025 12:11pm

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining over 100 points on Monday.

The Dow traded up 0.01% to 45,404.20 while the NASDAQ rose 0.67% to 21,845.34. The S&P 500 also rose, gaining, 0.25% to 6,497.56.

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Leading and Lagging Sectors

Information technology shares jumped by 1.1% on Monday.

In trading on Monday, real estate stocks fell by 1.2%.

Top Headline

Shares of Robinhood Markets Inc. (NASDAQ:HOOD) jumped around 15% following Friday's news that it will be included in the S&P 500.

The S&P Dow Jones Indices announced a major update to its benchmarks on Friday, which includes new additions to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600.

The inclusion of Robinhood in the S&P 500 is a crucial moment for the brokerage, signifying its evolution from a symbol of pandemic-driven speculation to a mainstream financial player. The company now manages billions in assets across stocks, options, and cryptocurrencies, underlining its enduring influence on retail investor participation.

Equities Trading UP
           

• Rapport Therapeutics, Inc. (NASDAQ:RAPP) shares shot up 139% to $34.25 after the company announced the Phase 2a clinical trial of RAP-219 in patients with drug-resistant focal onset seizures met its primary endpoint.
• Shares of Beyond Air, Inc. (NASDAQ:XAIR) got a boost, surging 94% to $4.2800 after the company announced the FDA granted Orphan Drug Designation to BA-101 for the treatment of Glioblastoma.
• Planet Labs PBC (NYSE:PL) shares were also up, gaining 35% to $8.82 after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates. Also, the company raised its FY26 sales guidance.

Equities Trading DOWN

• New Fortress Energy Inc. (NASDAQ:NFE) shares dropped 45% to $1.3450 after the company reported a year-over-year decrease in second-quarter financial results.
• Shares of Banco Macro S.A. (NYSE:BMA) were down 21% to $46.43. Shares of Argentine stocks traded lower after the country’s opposition Peronist party won in the Buenos Aires provincial election.
• Summit Therapeutics Inc. (NASDAQ:SMMT) was down, falling 19% to $21.11. The company announced data from the Phase III HARMONi trial featuring ivonescimab.

Commodities

In commodity news, oil traded up 0.5% to $62.20 while gold traded up 0.7% at $3,680.10.

Silver traded up 0.7% to $41.835 on Monday, while copper rose 0.2% to $4.5585.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.23%, while Spain's IBEX 35 Index rose 0.72%. London's FTSE 100 fell 0.14%, Germany's DAX 40 gained 0.64% and France's CAC 40 rose 0.55% during the session.

Asia Pacific Markets

Asian markets closed higher on Monday, with Japan's Nikkei 225 gaining 1.45%, Hong Kong's Hang Seng gaining 0.85%, China's Shanghai Composite gaining 0.38% and India's BSE Sensex gaining 0.1%.

Economics

The US Manheim Used Vehicle Value Index came in flat for August versus the previous month.

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Posted In: BMA HOOD NFE PL RAPP SMMT XAIR