Dow Edges Higher; Mosaic Shares Fall After Q1 Results

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U.S. stocks traded higher this morning, with the Dow Jones gaining around 0.1% on Monday.

Following the market opening Monday, the Dow traded up 0.11% to 49,661.54 while the NASDAQ gained 0.17% to 26,292.83. The S&P 500 also rose, gaining, 0.24% to 7,416.79.

Leading and Lagging Sectors

Energy shares jumped by 1.8% on Monday.

In trading on Monday, communication services stocks fell by 1.5%.

Top Headline

Mosaic Co (NYSE:MOS) shares fell around 2% on Monday after the company released earnings results for the first quarter.

The company posted adjusted EPS of 5 cents, missing market estimates of 24 cents per share. The company’s sales came in at $2.998 billion beating expectations of $2.897 billion.

Equities Trading UP
           

  • Functional Brands Inc (NASDAQ:MEHA) shares shot up …

Full story available on Benzinga.com

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