Dow Gains 200 Points; Bullfrog AI Shares Jump

U.S. stocks traded mostly higher this morning, with the Dow Jones index gaining around 200 points on Monday.

Following the market opening Monday, the Dow traded up 0.44% to 45,364.88 while the NASDAQ rose 0.03% to 20,955.34. The S&P 500 also rose, gaining, 0.21% to 6,382.37.

Leading and Lagging Sectors

Utilities shares climbed by 1.3% on Monday.

In trading on Monday, industrials stocks fell by 0.7%.

Top Headline

Shares of Americas Gold and Silver Corporation (AMEX:USAS) fell around 13% on Monday after the company released earnings results for the fourth quarter.

The company reported fourth-quarter losses of 14 cents per share, versus market estimates of earnings of 4 cents per share. The company reported quarterly sales of $37.064 million which beat the analyst consensus estimate of $33.229 million.

Equities Trading UP
           

• Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) shares shot up 134% to $1.19 after the company announced a commercial agreement with a top five global pharmaceutical company to apply its proprietary bfLEAP platform to identify and prioritize novel drug targets in major depressive disorder.
• Shares of PMGC Holdings Inc. (NASDAQ:ELAB) got a boost, surging 122% to $3.70 after the company announced its subsidiary NorthStrive Bioscience signed a licensing agreement amendment with MOA Life to speed up the timing and key development milestones for EL-32 and EL-22 human clinical development program. Also, the company reported a year-over-year expansion of its asset base.
• Iterum Therapeutics plc (NASDAQ:ITRM) shares were also up, gaining 97% to $0.0701.

Equities Trading DOWN

• Roma Green Finance Limited (NASDAQ:ROMA) shares dropped 57% to $2.6101 as the company announced a $100.0 million share repurchase program.
• Shares of Skycorp Solar Group Ltd (NASDAQ:PN) were down 41% to $0.5950.
• Viridian Therapeutics, Inc. (NASDAQ:VRDN) was down, falling 34% to $18.15 following the announcement of topline results from the REVEAL-1 Phase 3 clinical trial for elegrobart, for thyroid eye disease (TED).

Commodities

In commodity news, oil traded up 2.7% to $102.33 while gold traded up 1.5% at $4,561.90.

Silver traded up 1.2% to $70.645 on Monday, while copper fell 0.1% to $5.4915.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.4%, while Spain's IBEX 35 Index rose 0.3%. London's FTSE 100 surged 1.1%, Germany's DAX gained 0.2% and France's CAC 40 rose 0.4% during the session.

Asia Pacific Markets

Asian markets closed mostly lower on Monday, with Japan's Nikkei 225 falling 2.79%, Hong Kong's Hang Seng index declining 0.81%, China's Shanghai Composite gaining 0.24% and India's BSE Sensex dipping 2.22%.

Economics

The Dallas Fed manufacturing index will be released today.

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