U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 3% on Monday following an announcement of a peace agreement with Iran by President Donald Trump.

The Dow traded up 1.35% to 51,894.04 while the NASDAQ rose 2.94% to 26,649.91. The S&P 500 also rose, gaining, 1.89% to 7,571.95.

Leading and Lagging Sectors

Information technology shares jumped by 2.8% on Monday.

In trading on Monday, energy stocks fell by 3.5%.

Top Headline

The New York Fed's Empire State Manufacturing Index declined to 5.7 in June from 19.6 in the prior month and versus market estimates of 14.

Equities Trading UP
           

  • Cuprina Holdings (Cayman) Ltd (NASDAQ:CUPR) shares shot up 137% to $9.42 after the company received the FDA approval for its MEDIFLY lucilia cuprina maggot debridement product.
  • Shares of Datavault AI Inc (NASDAQ:DVLT) got a boost, surging 14% to $0.41 as the company announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance, dated June 4, 2026, for U.S. Patent Application.
  • Regentis Biomaterials Ltd (NYSE:RGNT) shares were also up, gaining 106% to $0.43 after the company announced that it has entered into a non-binding Letter of Intent regarding the proposed acquisition of Jabanero for an aggregate purchase price in the range of $15 million and $20 million.

Equities Trading DOWN

  • Elicio Therapeutics Inc (NASDAQ:ELTX) shares dropped 74% to $3.91 after the company reported results from randomized Phase 2 AMPLIFY-7P study evaluating ELI-002 7P in patients with adjuvant mKRAS-driven pancreatic ductal adenocarcinoma.
  • Shares of Fox Corp (NASDAQ:FOX) were down 18% to $48.44 after the company announced it will acquire Roku.
  • Neumora Therapeutics Inc (NASDAQ:NMRA) was down, falling 47% to $0.94 as the company said Navacaprant did not achieve primary endpoint in KOASTAL-2 Or -3.

Commodities

In commodity news, oil traded down 5.4% to $80.28 while gold traded up 3.4% at $4,382.80.

Silver traded up 4.4% to $70.955 on Monday, while copper rose 0.8% to $6.4945.

Euro zone

European shares were mostly higher today. The eurozone's STOXX 600 gained 0.3%, while Spain's IBEX 35 Index rose 1.5%. London's FTSE 100 fell 0.4%, Germany's DAX gained 1.2%, while France's CAC 40 rose 0.7%.

Asia Pacific Markets

Asian markets closed higher on Monday, with Japan's Nikkei 225 gaining 4.99%, Hong Kong's Hang Seng Index rising 0.50%, China's Shanghai Composite rising 1.61% and India's BSE Sensex climbing 0.97%.

Economics

  • U.S. industrial production rose by 0.1% in May, down from market estimates of a 0.3% rise, compared to a revised 0.9% gain in April.
  • The New York Fed's Empire State Manufacturing Index declined to 5.7 in June from 19.6 in the prior month and versus market estimates of 14.
  • The NAHB/Wells Fargo housing market index declined to 35 in June from 37 in May and down from market estimates of 36.

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