Gold Edges Higher; ISM Services PMI Falls In March

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 0.2% on Monday.

The Dow traded up 0.18% to 46,587.32 while the NASDAQ gained 0.35% to 21,954.78. The S&P 500 also rose, gaining, 0.25% to 6,599.14.

Leading and Lagging Sectors

Financial shares climbed by 0.6% on Monday.

In trading on Monday, materials stocks fell by 0.5%.

Top Headline

The ISM services PMI declined to 54 in March from 56.1 in the previous month, versus market estimates of 55.

Equities Trading UP
           

• Soleno Therapeutics, Inc. (NASDAQ:SLNO) shares shot up 32% to $52.19 after the company announced that it will be acquired by Neurocrine Biosciences for $53 per share in cash.
• Shares of Profusa, Inc. (NASDAQ:PFSA) got a boost, surging 145% to $1.8600 after the company announced it …

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