U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 400 points on Monday.

Following the market opening Monday, the Dow traded up 1.02% to 42,629.20 while the NASDAQ climbed 1.32% to 19,663.87. The S&P 500 also rose, gaining, 1.03% to 6,038.26.

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Leading and Lagging Sectors

Information technology shares jumped by 1.5% on Monday.

In trading on Monday, energy stocks fell by 0.5%.

Top Headline

The New York Empire State Manufacturing Index dipped to a reading of -16 in June compared to May's reading of -9.2, and also down from market estimates of -5.5.

Equities Trading UP

Regencell Bioscience Holdings Limited ( RGC ) shares shot up 238% to $53.91 following effect of a 38-for-1 forward stock split.

Shares of SRM Entertainment, Inc. ( SRM ) got a boost, surging 210% to $4.5250 after the company entered a securities purchase agreement with a private investor for a $100 million equity investment, which it will use to initiate a TRON token treasury strategy.

Dawson Geophysical Company ( DWSN ) shares were also up, gaining 174% to $3.7492.

Equities Trading DOWN

Robin Energy Ltd. ( RBNE ) shares dropped 58% to $5.87. Robin Energy ( RBNE ) announced pricing of $5.1 million registered direct offering priced at-the-market under Nasdaq rules.

Shares of Sarepta Therapeutics, Inc. ( SRPT ) were down 48% to $18.83 after the company suspended ELEVIDYS shipments and paused the ENVISION trial following a second fatal liver failure in non-ambulatory Duchenne patients.

Top Ships Inc. ( TOPS ) was down, falling 47% to $5.09.

Commodities

In commodity news, oil traded down 3.3% to $70.54 while gold traded down 1.1% at $3,415.70.

Silver traded up 0.1% to $36.395 on Monday, while copper rose 0.1% to $4.8190.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.3%, while Spain's IBEX 35 Index rose 1.2%. London's FTSE 100 gained 0.334%, Germany's DAX 40 rose 0.6% and France's CAC 40 climbed 0.8% during the session.

Asia Pacific Markets

Asian markets closed higher on Monday, with Japan's Nikkei gaining 1.26%, Hong Kong's Hang Seng Index rising 0.70%, China's Shanghai Composite rising 0.35% and India's BSE Sensex climbing 0.84%.

Economics

The New York Empire State Manufacturing Index dipped to a reading of -16 in June compared to May's reading of -9.2, and also down from market estimates of -5.5.

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