Major U.S. stock indexes recovered Monday following Friday’s losses as investors continue to monitor President Donald Trump’s health.
The S&P 500 and the Dow Jones Industrial Average were both up about 1.4% to 3,394.44 and 28,056.43, respectively, while the Nasdaq jumped 1.8% to 11,270.14.
Crude oil surged 6.8% to $39.57 a barrel.
Gold increased 0.7% to $1,920 an ounce.
The yield on a 10-year bond jumped 7.8% to 0.75%.
HEALTHCARE
Shares for Orange County healthcare firms were trending up in midday trading, led by Newport Beach-based Evolus Inc. (Nasdaq: EOLS), which climbed 8.4% to $4.53 and a $153 million market cap. Shares for the company, which makes a competitor to Allergan’s Botox, are still down about 62% since the start of the year.
Irvine-based Masimo Corp. (Nasdaq: MASI) increased 1.4% to $237.59 a share with a $13.1 billion market cap. The device maker today announced the launch of the Radius Tº™ Continuous Thermometer, a wearable thermometer that aims to help caregivers monitor temperatures while users sleep.
Ensign Group, Inc. (Nasdaq: ENSG) was up 1.6% to $57.27 a share with a $3.1 billion market cap. Shares of the San Juan Capistrano owner-operator of nursing homes are up about 4% in the past month.
