Crude Oil Edges Lower; Chicago Fed Activity Index Rises In September

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 250 points on Monday.

The Dow traded up 0.27% to 52,355.15 while the NASDAQ climbed 0.99% to 26,213.16. The S&P 500 also rose, gaining, 0.75% to 7,680.66.

Leading and Lagging Sectors

Information technology shares jumped by 1.4% on Monday.

In trading on Monday, communication services stocks fell by 0.6%.

Top Headline

The Chicago Fed National Activity Index climbed to +0.07 in September from -0.08 in the previous month.

Equities Trading UP           

• Surgery Partners, Inc. (NASDAQ:SGRY) shares shot up 46% to $23.01 after the company announced it will be acquired by HealthSpan Partners.
• Shares of Xtend AI Robotics, Inc. (NYSE:XTND) got a boost, surging 61% to $2.85 after the company reported preliminary third quarter 2026 results and named Matt McGraw as U.S. CEO.
• Range Resources Corporation (NYSE:RRC) shares were also up, gaining 16% to $52.66 after the company announced it will be acquired by EQT (NYSE:EQT).

Equities Trading DOWN

• Agi Inc. (NYSE:AGBK) shares dipped 39% to $4.65. Shares of U.S.-traded companies with Brazil exposure traded lower after President Luiz Inácio Lula da Silva defeated candidate Flávio Bolsonaro in the country’s runoff election.
• Shares of XP Inc. (NASDAQ:XP) were down 52% to $14.72. Shares of U.S.-traded companies with Brazil exposure traded lower after President Luiz Inácio Lula da Silva defeated candidate Flávio Bolsonaro in the country’s runoff election.
• Inter & Co, Inc. (NASDAQ:INTR) was down, falling 38% to $4.5023. Shares of U.S.-traded companies with Brazil exposure traded lower after President Luiz Inácio Lula da Silva defeated candidate Flávio Bolsonaro in the country’s runoff election.

Commodities In commodity news, oil traded down 0.4% to $102.82 while gold traded up 0.3% at $4,019.60.

Silver traded down 0.7% to $53.585 on Monday, while copper rose 0.3% to $6.5250.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.6%, while Spain’s IBEX 35 Index fell 0.1%, London’s FTSE 100 rose 0.7%, Germany’s DAX gained 1%, while France’s CAC 40 rose 0.9%.

Asia Pacific Markets

Asian markets closed mostly higher on Friday, with Japan’s Nikkei 225 falling 0.80%, Hong Kong’s Hang Seng index gaining 0.51%, China’s SSE Composite Index gaining 0.19% and India’s BSE Sensex gaining 0.66%.

Economics

The Chicago Fed National Activity Index climbed to +0.07 in September from -0.08 in the previous month.

Photo via Shutterstock