U.S. stocks traded higher this morning, with the Dow Jones index gaining around 100 points on Monday.

Following the market opening Monday, the Dow traded up 0.24% to 44,407.91 while the NASDAQ gained 0.89% to 19,696.41. The S&P 500 also rose, gaining, 0.43% to 6,051.88.

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Leading and Lagging Sectors

Information technology shares surged by 1.5% on Monday.

In trading on Monday, real estate shares fell by 0.7%.

Top Headline

Shares of McDonald's Corp (NYSE:MCD) gained around 5% on Monday following the release of fourth-quarter results.

The company reported a fourth-quarter sales decline of 0.3% year-on-year to $6.388 billion, missing the analyst consensus estimate of $6.442 billion. Adjusted EPS of $2.83 was in line with the analyst consensus estimate.

Equities Trading UP

Brand Engagement Network, Inc. (NASDAQ:BNAI) shares shot up 107% to $0.8625.
Shares of Biodexa Pharmaceuticals Plc (NASDAQ:BDRX)got a boost, surging 70% to $6.93 after the company announced it received FDA fast-track designation for eRapa.
Global Star Acquisition, Inc. (NASDAQ:GLST) shares were also up, gaining 58% to $17.32.

Equities Trading DOWN

Pliant Therapeutics, Inc. (NASDAQ:PLRX) shares dropped 60% to $3.1075. On Friday, Pliant Therapeutics announced it has voluntarily paused enrollment and dosing in the ongoing BEACON-IPF Phase 2b trial of bexotegrast in patients with idiopathic pulmonary fibrosis (IPF), a chronic lung disease that causes scarring and stiffening of the lung tissue.
Shares of FBS Global Limited (NASDAQ:FBGL) were down 33% to $1.2050.
Semtech Corporation (NASDAQ:SMTC) was down, falling 31% to $37.46 after Needham cut its price target on the stock from $74 to $54.

Commodities

In commodity news, oil traded up 1.4% to $71.99 while gold traded up 1.5% at $2,931.10.

Silver traded up 0.6% to $32.635 on Monday, while copper rose 2% to $4.6820.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.5%, Germany's DAX 40 rose 0.6% and France's CAC 40 rose 0.3%. Spain's IBEX 35 Index rose 0.1%, while London's FTSE 100 rose 0.8%.

Asia Pacific Markets

Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.04%, China's Shanghai Composite Index climbing 0.56%, Hong Kong's Hang Seng Index gaining 1.84% and India's BSE Sensex falling 0.70%.

Economics

Data on US consumer inflation expectations will be released today

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