Nasdaq Surges 1%; ON Semiconductor Shares Plunge Following Earnings Miss

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Monday.The Dow traded up 0.07% to 44,332.96 while the NASDAQ gained 1.06% to 19,729.75. The S&P 500 also rose, gaining, 0.55% to 6,059.14.Check This Out: Jim Cramer Likes This Utilities Stock: ‘I Think You’ve Got A Good One’Leading and Lagging SectorsEnergy shares surged by 1.8% on Monday.In trading on Monday, financial shares fell by 1%.Top HeadlineShares of ON Semiconductor Corp ON dipped around 8% on Monday a ...