Dow Jumps Over 300 Points; Chicago Fed National Activity Index Rises In February

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Dow Jumps Over 300 Points; Chicago Fed National Activity Index Rises In February

, Benzinga - 9:41 AM ET 3/24/2025 default

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Monday.

Following the market opening Monday, the Dow traded up 0.82% to 42,331.37 while the NASDAQ climbed 1.49% to 18,049.82. The S&P 500 also rose, gaining, 1.07% to 5,728.47.

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Leading and Lagging Sectors

Consumer discretionary shares jumped by 2.2% on Monday.

In trading on Monday, health care shares gained by just 0.1%.

Top Headline

The Chicago Fed National Activity Index rose to 0.18 in February versus a reading of -0.08 in January.

Equities Trading UP

Integrated Media Technology Limited ( IMTE ) shares shot up 94% to $1.3699 after dipping over 42% on Friday.
Shares of TEN Holdings, Inc. ( XHLD ) got a boost, surging 66% to $2.33 after announcing the Company’s ability to add conversational AI solutions to its service offering through a new partnership announced by V-Cube Inc.
Treasure Global Inc. ( TGL ) shares were also up, gaining 50% to $0.1652 after the company announced a strategic initiative to develop and deploy an advanced artificial intelligent cloud infrastructure in Malaysia.

Equities Trading DOWN

WANG & LEE GROUP, Inc. ( WLGS ) shares dropped 84% to $0.8107 after the company announced the pricing of $12.0 million registered direct offering.
Shares of 23andMe Holding Co. ( ME ) were down 46% to $0.96 after the company announced it has initiated voluntary Chapter 11 bankruptcy to pursue a strategic sale and secured $35M in DIP financing.
Unity Biotechnology, Inc. ( UBX ) was down, falling 29% to $1.2999 after the company reported topline results from the ASPIRE Phase 2b study in diabetic macular edema.

Commodities

In commodity news, oil traded up 0.1% to $68.30 while gold traded up 0.4% at $3,032.20.

Silver traded up 0.6% to $33.675 on Monday, while copper rose 0.8% to $5.1560.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.3%, Germany's DAX 40 fell 0.3% and France's CAC 40 fell 0.5%. Spain's IBEX 35 Index fell 0.3%, while London's FTSE 100 slipped 0.2%.

Asia Pacific Markets

Asian markets closed higher on Monday, with Japan's Nikkei 225 falling 0.18%, China's Shanghai Composite Index rising 0.15%, Hong Kong's Hang Seng Index gaining 0.91% and India's BSE Sensex gaining 1.40%.

Economics

The Chicago Fed National Activity Index rose to 0.18 in February versus a reading of -0.08 in January.

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