U.S. markets closed Monday slightly higher, with the Dow Jones Industrial Average edging up 0.04% to 42,330.15, while the S&P 500 gained a similar 0.04% to reach 5,762.48. The Nasdaq also rose by nearly 0.04%, closing at 18,189.17.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Apple Inc ( AAPL ) shares ended Monday higher by 2.29% to end the day at $233. The company is preparing for potential disruptions due to a looming dockworkers’ strike on the East and Gulf Coasts. The strike could halt half of the goods entering and leaving the U.S., impacting the tech giant significantly.
NIO Inc ( NIO ) shares surged by 2.45% to close at $6.68. The company announced a significant investment in its subsidiary, Nio China, causing the stock to jump 12.7% in pre-market trading. Nio announced that strategic investors committed to a 3.3 billion yuan cash investment in its subsidiary Nio China, while the company agreed to invest 10 billion yuan to subscribe to newly issued shares of the subsidiary.
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CVS Health Corp ( CVS ) is set to face renewed pressure as hedge fund Glenview Capital Management plans to meet top executives to discuss operational improvements. CVS shares rose by 2.44% to close at $62.88.
Stellantis NV ( STLA ) shares plunged by 12.52% to close at $14.05 after the company revised its fiscal 2024 guidance due to North American performance issues and a deterioration in global industry dynamics.
Tesla Inc ( TSLA ) shares rose by 0.45% to close at $261.63. The company is expected to release its third-quarter deliveries report soon, and despite a potential slight miss, the stock is not expected to be significantly impacted.
Prepare for the day’s trading with top premarket movers and news by Benzinga.
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal