---
title: "Crude Oil Gains Over 2%; US Homebuilder Sentiment Increases In May"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286807764.md"
description: "U.S. stocks fell with the Dow down over 100 points, while energy shares surged by 1.9%. The NAHB/Wells Fargo Housing Market Index rose to 37 in May. Crude oil prices increased by 2.3% to $107.89. Notable stock movements included LiveRamp Holdings up 27% after a buyout announcement, while New Era Energy dropped 19% following a loss report."
datetime: "2026-05-18T18:25:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286807764.md)
  - [en](https://longbridge.com/en/news/286807764.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286807764.md)
---

# Crude Oil Gains Over 2%; US Homebuilder Sentiment Increases In May

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Monday.

The Dow traded down 0.21% to 49,424.22 while the NASDAQ dipped 1.20% to 25,910.76. The S&P 500 also fell, dropping, 0.64% to 7,360.99.

**Leading and Lagging Sectors**

Energy shares jumped by 1.9% on Monday.

In trading on Monday, information technology stocks fell by 1.7%.

**Top Headline**

The NAHB/Wells Fargo Housing Market Index climbed to 37 in May from 34 in April.

**Equities Trading UP  
**

-   **Liveramp Holdings Inc ( RAMP )** shares shot up 27% to $37.81. Publicis acquired LiveRamp ( RAMP ) for $2.2 billion in all-cash deal at $38.50 per share. LiveRamp ( RAMP ) also reported better-than-expected fourth-quarter earnings.
-   Shares of **HIVE Digital Technologies Ltd ( HIVE )** got a boost, surging 24% to $3.32 after the company announced its subsidiary, Buzz HPC, plans on building a 320 MW AI gigafactory in Ontario, Canada.
-   **Wellgistics Health Inc ( WGRX )** shares were also up, gaining 130% to $0.19 after the company announced that it continues to evaluate potential strategic transactions.

**Equities Trading DOWN**

-   **New Era Energy & Digital Inc ( NUAI )** shares dropped 19% to $3.93. New Era Energy highlighted a $115 million offering, $290 million Macquarie credit facility and TCDC data center development progress. The company also posted a first-quarter loss of 16 cents per share.
-   Shares of **FuelCell Energy Inc ( FCEL )** were down 19% to $17.32, erasing a significant portion of its recent massive gains.
-   **Design Therapeutics Inc ( DSGN )** was down, falling 26% to $10.70. The company announced biomarker and clinical data from the ongoing Phase 1/2 RESTORE-FA trial evaluating DT-216P2 in patients with Friedreich ataxia.

**Commodities**

In commodity news, oil traded up 2.3% to

$107.89

while gold traded down 0.3% at

$4,550.20

.

Silver traded down 0.5% to $77.135 on Monday, while copper rose 0.5% to $6.3235.

**Euro zone**

European shares were higher today. The eurozone's STOXX 600 gained 0.54%, while Spain's IBEX 35 Index rose 0.75%. London's FTSE 100 gained 1.26%, Germany's DAX rose 1.49%, while France's CAC 40 rose 0.44%.

**Asia Pacific Markets**

Asian markets closed mixed on Monday, with Japan's Nikkei 225 falling 0.97%, Hong Kong's Hang Seng Index dipping 1.11%, China's Shanghai Composite declining 0.09% and India's BSE Sensex gaining 0.10%

**Economics**

-   The NAHB/Wells Fargo Housing Market Index climbed to 37 in May from 34 in April.
-   The New York Fed's Services Business Activity Index rose 8.2 points to a reading of -5.8 in May.

_Photo via Shutterstock_

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