Markets Rally To Open The Week; Tesla, Atlassian Lead The Nasdaq-100 Higher

U.S. indices rallied into the close and finished higher amid continued Russia-Ukraine concerns. A pullback in oil prices following the recent crude rally has helped ease some concerns about rising commodity costs.

  • The Nasdaq composite finished higher by 1.31% to 14,354; The Invesco QQQ Trust Series 1 QQQ gained 1.55% to $364.91
  • The S&P 500 traded higher by 0.71% to 4,575; The SPDR S&P 500 ETF Trust SPY gained 0.70% to $455.86
  • The Dow Jones composite finished higher by 0.40% to 12,064; The SPDR Dow Jones Industrial Average ETF Trust DIA finished higher by 0.29% at $347.06

Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.

Tesla Inc TSLA, Okta Inc OKTA and Atlassian Corporation PLC TEAM were among the top gainers for the QQQ Monday.

O'Reilly Automotive Inc ORLY, Skyworks Solutions Inc SWKS and Pinduoduo Inc - ADR PDD were among the top losers for the Nasdaq-100.

Elsewhere On The Street

For the past several years, the U.S. housing market has been seen through the spectrum of a distant view, where all appeared to be copacetic. This vibrant and seemingly healthy market was hailed for not only rebounding with unprecedented vigor from the wreckage of the Great Recession… Read More

A leading wholesale retailer is offering delivery with DoorDash Inc DASH in a move that could have a ripple effect on big-box membership retailers. Here’s the latest… Read More

Netflix, Inc NFLX was trading slightly lower on Monday as the stock continued to consolidate the 17% rally that took place between March 14 and March 22… Read More

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