Dow Jumps Over 150 Points; Domino's Pizza Posts Upbeat Earnings - CG Oncology (NASDAQ:CGON), Domino's Pizza (NASDAQ:DPZ)

U.S. stocks traded higher this morning, with the Dow Jones index more than 150 points on Monday.

Following the market opening Monday, the Dow traded up 0.47% to 40,300.68 while the NASDAQ rose 0.13% to 17,405.94. The S&P 500 also rose, gaining, 0.31% to 5,542.29.

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Leading and Lagging Sectors

Industrials shares jumped by 0.7% on Monday.

In trading on Monday, information technology fell by 0.4%.

Top Headline

Domino’s Pizza, Inc. DPZ reported better-than-expected earnings for its first quarter on Monday.

The company posted quarterly earnings of $4.33 per share which beat the analyst consensus estimate of $4.07 per share. The company reported quarterly sales of $1.11 billion which missed the analyst consensus estimate of $1.13 billion.

Equities Trading UP
                       

Galmed Pharmaceuticals Ltd. GLMD shares shot up 47% to $2.32. Galmed signed a term sheet for the development of novel semaglutide sublingual formulation. Shares of CG Oncology, Inc. CGON got a boost, surging 36% to $30.47 after the company announced that cretostimogene grenadenorepvec monotherapy data was presented at the American Urological Association Annual Meeting. NaaS Technology Inc. NAAS shares were also up, gaining 53% to $2.75. NaaS Technology, last week, announced a 1-for-800 ADS ratio change.

Equities Trading DOWN

Spruce Biosciences, Inc. SPRB shares dropped 31% to $0.09 after the company announced it approved a plan to implement a workforce reduction. Shares of Pineapple Financial Inc. PAPL were down 17% to $0.2241. Protara Therapeutics, Inc. TARA was down, falling 24% to $3.30 as the company announced interim results highlighting durable clinical responses with TARA-002 In high-risk NMIBC.

Commodities

In commodity news, oil traded down 0.2% to $62.92 while gold traded up 0.3% at $3,306.70.

Silver traded down 0.3% to $32.91 on Monday, while copper rose 0.4% to $4.9120.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.7%, Germany's DAX 40 gained 0.7% and France's CAC 40 gained 1%. Spain's IBEX 35 Index gained 0.7%, while London's FTSE 100 rose 0.4%.

Asia Pacific Markets

Asian markets closed mixed on Monday, with Japan's Nikkei 225 surging 0.38%, China's Shanghai Composite falling 0.20%, Hong Kong's Hang Seng Index falling 0.04% and India's BSE Sensex gaining 1.27%.

Economics

The Dallas Fed manufacturing index will be released today.

Now Read This:

Stride To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Monday.

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CGON CG Oncology Inc $30.44 36.1%

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Edge Rankings

Momentum 12.06 Growth - Quality - Value 0.99

Price Trend

Short Medium Long Overview DPZ Domino's Pizza Inc $478.07 -1.95% GLMD Galmed Pharmaceuticals Ltd $2.29 45.6% NAAS Naas Technology Inc $3.04 567.8% PAPL Pineapple Financial Inc $0.2387 -11.9% SPRB Spruce Biosciences Inc $0.0945 -27.2% TARA Protara Therapeutics Inc $3.31 -23.4% Market News and Data brought to you by Benzinga APIs

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