S&P 500 Gains and Losses Today: Paramount Pops on Reports of Skydance Deal

Key Takeaways The S&P 500 closed 0.1% higher on Monday, June 3, 2024, shaking off a report that showed a contraction in the U.S. manufacturing sector. Shares of electric utility Vistra slumped amid concerns that plans to bolster the Texas power grid could lead to oversupply. Paramount Global shares soared after reports that the entertainment giant has agreed to an updated acquisition offer from Skydance Media. Major U.S. equities indexes were mixed to open the trading week as the latest Purchasing Managers ...