Crude Oil Down Over 1%; ISM Manufacturing PMI Rises In March

U.S. stocks saw gains with the S&P 500 rising 1.05% to 6,596.91, while the Dow and NASDAQ increased by 0.89% and 1.56%, respectively. The ISM manufacturing PMI improved to 52.7 in March, surpassing the previous month's 52.4 and market expectations of 52.5. In commodities, crude oil prices fell by 1.5% to $99.85. Notable stock movements included Cyclerion Therapeutics, which surged 309% after announcing a merger agreement, while RH shares dropped 23% following disappointing financial results.