Crude Oil Gains 3%; Constellation Energy Posts Upbeat Earnings

URL has been copied successfully!

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 0.2% on Monday.

The Dow traded up 0.11% to 49,663.67 while the NASDAQ gained 0.23% to 26,308.71. The S&P 500 also rose, gaining, 0.26% to 7,417.97.

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

Constellation Energy Corp. (NASDAQ:CEG) reported stronger-than-expected first-quarter fiscal 2026 results and reaffirmed its full-year earnings outlook.

The U.S. power company reported revenue of $11.122 billion, topping Wall Street estimates of $8.721 billion. Adjusted earnings rose to $2.74 per share from $2.14 a year earlier and exceeded analyst expectations of $2.57 per share.

Equities Trading UP
           

  • Functional Brands Inc (NASDAQ:MEHA) shares shot up 79% to $0.17 after the company announced …

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here