Nasdaq Turns Higher; NY Manufacturing Activity Surges In November

Market Performance - U.S. stocks traded mostly higher, with the Nasdaq Composite gaining over 50 points on Monday [1] - The Dow decreased by 0.03% to 47,131.99, while the NASDAQ rose by 0.30% to 22,968.43, and the S&P 500 increased by 0.13% to 6,742.82 [1] Sector Performance - Communication services shares rose by 2.2% on Monday [1] - Energy stocks fell by 0.8% during the same trading session [1] Economic Indicators - The NY Empire State Manufacturing Index increased to 18.70 points in November from 10.70 points in October, surpassing market estimates of 6 [2][10] - U.S. construction spending rose by 0.2% month-over-month in August, matching the revised gain in July and exceeding market expectations of a 0.1% decline [10] Commodity Prices - Oil prices decreased by 0.3% to $59.94, while gold fell by 0.5% to $4,072.80 [4] - Silver prices increased by 0.1% to $50.72, and copper prices declined by 0.9% to $5.0185 [4] International Markets - European shares were lower, with the eurozone's STOXX 600 falling by 0.52% and Spain's IBEX 35 Index declining by 1.1% [5] - Asian markets closed mostly lower, with Japan's Nikkei 225 down by 0.10% and Hong Kong's Hang Seng down by 0.71% [6] Company-Specific Movements - Sigma Lithium Corp shares surged by 32% to $7.99 following bullish demand guidance from Ganfgeng Lithium Group's chairman [8] - Autonomix Medical, Inc. shares increased by 50% to $1.09 after positive results from a study on its targeted ablation therapy [8] - PACS Group, Inc. shares rose by 51% to $15.93 ahead of its third-quarter results announcement [8] - Yatsen Holding Ltd shares dropped by 22% to $5.30 following disappointing third-quarter results [8] - Taitron Components Incorporated shares fell by 45% to $1.15 after announcing a voluntary delisting from Nasdaq [8] - Full Truck Alliance Co Ltd shares decreased by 9% to $11.22 after posting third-quarter results [8]