--- title: "Dow Edges Higher; Mosaic Shares Fall After Q1 Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/285969035.md" description: "U.S. stocks saw a slight increase, with the Dow up 0.1%, S&P 500 up 0.24%, and NASDAQ gaining 0.17%. Energy shares rose by 1.8%, while communication services fell by 1.5%. Mosaic Co shares dropped 2% after missing Q1 earnings estimates. Functional Brands Inc surged 103% following an acquisition announcement, while Haoxi Health Technology Ltd plummeted 93% after a direct offering. Oil prices increased by 2%, and mixed performances were noted in European and Asian markets. U.S. existing home sales rose by 0.2% in April." datetime: "2026-05-11T15:40:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285969035.md) - [en](https://longbridge.com/en/news/285969035.md) - [zh-HK](https://longbridge.com/zh-HK/news/285969035.md) --- # Dow Edges Higher; Mosaic Shares Fall After Q1 Results U.S. stocks traded higher this morning, with the Dow Jones gaining around 0.1% on Monday. Following the market opening Monday, the Dow traded up 0.11% to 49,661.54 while the NASDAQ gained 0.17% to 26,292.83. The S&P 500 also rose, gaining, 0.24% to 7,416.79. **Leading and Lagging Sectors** Energy shares jumped by 1.8% on Monday. In trading on Monday, communication services stocks fell by 1.5%. **Top Headline** **Mosaic Co** (NYSE:MOS) shares fell around 2% on Monday after the company released earnings results for the first quarter. The company posted adjusted EPS of 5 cents, missing market estimates of 24 cents per share. The company's sales came in at $2.998 billion beating expectations of $2.897 billion. **Equities Trading UP**            - **Functional Brands Inc** (NASDAQ:MEHA) shares shot up 103% to $0.19 after the company announced plans to acquire BullionFX assets. - Shares of **Jiuzi Holdings Inc** (NASDAQ:JZXN) got a boost, surging 59% to $1.44 after the company reached milestone $210,000 in realized gains from investment in AethgeriumX’s DCIP, and announced $100,000 share buyback. - **PomDoctor Ltd – ADR** (NASDAQ:POM) shares were also up, gaining 50% to $0.11. **Equities Trading DOWN** - **Haoxi Health Technology Ltd** (NASDAQ:HAO) shares dropped 93% to $0.050 after the company announced a $6.5 million registered direct offering. - Shares of **Republic Power Group Ltd** (NASDAQ:RPGL) were down 51% to $0.41. - **Powell Max Ltd** (NASDAQ:PMAX) was down, falling 38% to $2.48. **Commodities** In commodity news, oil traded up 2% to $97.36 while gold traded up 0.3% at $4,742.50. Silver traded up 6.9% to $86.355 on Monday, while copper rose 3.1% to $6.4875. **Euro zone** European shares were mixed today. The eurozone's STOXX 600 rose 0.1%, while Spain's IBEX 35 Index fell 0.3%. London's FTSE 100 rose 0.4%, Germany's DAX fell 0.1%, while France's CAC 40 declined 0.9%. **Asia Pacific Markets** Asian markets closed mixed on Monday, with Japan's Nikkei 225 falling 0.47%, Hong Kong's Hang Seng Index gaining 0.05%, China's Shanghai Composite gaining 1.08% and India's BSE Sensex falling 1.70% **Economics** U.S. existing home sales rose by 0.2% to an annualized rate of 4.02 million units in April. _Photo via Shutterstock_ ### Related Stocks - [MOS.US](https://longbridge.com/en/quote/MOS.US.md) - [MEHA.US](https://longbridge.com/en/quote/MEHA.US.md) - [HAO.US](https://longbridge.com/en/quote/HAO.US.md) ## Related News & Research - [Mosaic pulls guidance, cuts spending as fertilizer costs surge](https://longbridge.com/en/news/285978828.md) - [Mosaic Analysts Slash Their Forecasts After Q1 Earnings](https://longbridge.com/en/news/286141569.md) - [U.S. RESEARCH ROUNDUP-Aecom, Humana, Mosaic](https://longbridge.com/en/news/286215583.md) - [Mosaic Posts Loss In Q1; Withdraws Phosphate Production Guidance For 2026](https://longbridge.com/en/news/285945700.md) - [Mosaic misses Q1 adjusted EPS estimates, to partially curtail phosphate output](https://longbridge.com/en/news/285963453.md)