S&P 500 Moves Higher; Philips Shares Plunge After Q3 Earnings

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 300 points on Monday.

The Dow traded up 0.77% to 42,440.12 while the NASDAQ rose 0.46% to 18,603.67. The S&P 500 also rose, gaining, 0.43% to 5,832.99.

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Leading and Lagging SectorsFinancials shares rose by 1.2% on Monday.

In trading on Monday, energy shares fell by 0.7%.

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Koninklijke Philips NV (NYSE:PHG) reported third-quarter adjusted EPS of 0.32 euros (or $0.35), missing the consensus of 0.35 euros. The Dutch conglomerate reported sales of 4.38 billion euros ($4.74 billion), down 2% year over year and missing the consensus of 4.54 billion euros.

Equities Trading UP                       

Healthcare Triangle, Inc. (NASDAQ:HCTI) shares shot up 106% to $1.19  after the company disclosed in a filing that it acquired the business, assets, and ...