U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 350 points on Monday.

Following the market opening Monday, the Dow traded up 0.16% to 46,318.84 while the NASDAQ rose 1.60% to 22,629.51. The S&P 500 also rose, gaining, 0.83% to 6,658.09.

Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 3% Dividend Yields

Leading and Lagging SectorsCommunication services shares jumped by 2.7% on Monday.

In trading on Monday, energy stocks fell by 0.9%.

Top Headline

CureVac N.V. (NASDAQ:CVAC) reported third-quarter earnings of $1.41 per share which beat the analyst consensus estimate of a loss of 17 cents per share.

The company reported quarterly sales of $63.295 million which beat the analyst consensus estimate of $14.520 million.

Equities Trading UP           

• Enlivex Therapeutics Ltd. (NASDAQ:ENLV) shares shot up 79% to $1.61 after the company announced a $212 million private placement to begin a prediction-market digital assets treasury strategy via Rain token accumulation.
• Shares of Inspire Veterinary Partners, Inc. (NASDAQ:IVP) got a boost, surging 51% to $0.1836.
• Inno Holdings Inc. (NASDAQ:INHD) shares were also up, gaining 44% to $1.04 after the company announced a strategic cooperation with Megabyte Solutions on Web3 Technology application in B2B marketplace platform.

Equities Trading DOWN

• Clearside Biomedical, Inc. (NASDAQ:CLSD) shares dropped 67% to $0.8799 after the company announced it filed a voluntary petition for bankruptcy.
• Shares of Twin Hospitality Group Inc. (NASDAQ:TWNP) were down 28% to $2.5700. Twin Hospitality Group received a notice of acceleration for notes from UMB.
• ProMIS Neurosciences, Inc. (NASDAQ:PMN) was down, falling 25% to $0.3157. ProMIS Neurosciences announced a 1-for-25 reverse stock split.

CommoditiesIn commodity news, oil traded up 0.1% to $58.07 while gold traded down 0.1% at $4,078.40.

Silver traded down 0.1% to $49.875 on Monday, while copper fell 0.4% to $4.9935.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.2%, while Spain's IBEX 35 Index rose 0.8%. London's FTSE 100 rose 0.3%, Germany's DAX 40 gained 0.7% and France's CAC 40 rose 0.2% during the session.

Asia Pacific Markets

Asian markets closed mixed on Monday, with Hong Kong's Hang Seng gaining 1.97%, China's Shanghai Composite gaining 0.05% and India's BSE Sensex declining 0.39%.

Economics

The Dallas Fed Manufacturing Index will be released today.

Now Read This:

• Jim Cramer: This Tech Stock Is ‘Losing Too Much Money’, Recommends Buying Mettler-Toledo

Photo via Shutterstock