U.S. Markets Closed Mixed Monday As JFrog Led, QXO Lagged
Stock indexes in the U.S. finished mixed Monday with the NASDAQ Composite Index rising 1.11%. Meanwhile, the S&P 500 Index gained 0.41%, and the Dow fell 0.07%.
Small-cap stocks, as per the Russell 2000 Index, rose 0.25%, while the Cboe Volatility Index was down 8.05%.
Among companies with at least $10 billion in market value, JFrog Ltd. (FROG), was the biggest leader during the session, adding 7.94%, and Summit Therapeutics Inc. (SMMT) increased 6.43%. Western Digital Corp. (WDC) rounded out the top three leaders on Monday, with shares adding 6.09%.
QXO Inc. (QXO) posted the largest decline, dropping 6.68%, followed by RB Global Inc. (RBA) shares, which dropped 5.31%. Shares of Cerebras Systems Inc. (CBRS) dropped 5.15%.
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In commodities news, Brent crude oil futures were down 0.19%, and gold futures were down 0.47%. Bitcoin climbed 0.11% to $81,840.
The 10-Year Treasury yield climbed to 5.143%.
Stock indexes in Asia were mixed, with Japan’s NIKKEI 225 Index down 0.62% and China’s Shanghai Composite Index up 0.39%.
In Europe, indexes fell, with the STOXX Europe 600 Index declining 0.80% and the FTSE 100 Index dropping 1.08% from the previous close.
U.S. stock markets close for trading at 4 p.m. ET. For regular updates on the trading day, visit Barron’s.
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