Crude Oil Gains 5%; Fastenal Shares Fall After Q1 Earnings

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U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 100 points on Monday.

The Dow traded down 0.13% to 47,854.67 while the NASDAQ rose 0.55% to 23,029.86. The S&P 500 also rose, gaining, 0.33% to 6,839.08.

Leading and Lagging Sectors

Energy shares climbed by 0.3% on Monday.

In trading on Monday, utilities stocks fell by 0.8%.

Top Headline

Fastenal Co (NASDAQ:FAST) shares fell over 4% on Monday after the company reported earnings for the first quarter.

The company reported quarterly earnings of 30 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $2.202 billion which beat the analyst consensus estimate of $2.199 billion.

Equities Trading UP
           

  • Allogene Therapeutics Inc (NASDAQ:ALLO) shares shot up 45% to $3.94 after the company announced data from the planned interim futility analysis of …

Full story available on Benzinga.com

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