By Vivien Lou Chen and Mark DeCambre
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Jack in the Box Inc. JACK said Monday it will pay $12.51 a share for Del Taco Restaurants Inc . TACO in a deal valued at about $575 million. Shares of Jack closed down 4.1%, while Del Taco shares finished 66% higher.
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BuzzFeed Inc. BZFD shares closed 11% lower in the stock’s trading debut on the Nasdaq Monday after the digital media company closed its business combination with 890 5th Avenue Partners Inc., a special-purpose acquisition company.
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Becton Dickinson & Co . BDX said Monday that the spinoff of its diabetes care business will be named “embecta.” Its stock finished 0.8% higher.
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Shares of Moderna Inc . /zigman2/quotes/205619834/composite MRNA +1.27% , closed down by 13.5% as investors wrestled with news of the omicron variant.
How did other assets fare?
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The yield on the 10-year Treasury note BX:TMUBMUSD10Y rose 9.1 basis points on Monday to 1.433%, up from 1.342%. It’s the largest one-day gain for the yield in more than three weeks. Prices for Treasurys fall as yields rise.
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The ICE U.S. Dollar Index DXY , a measure of the currency against a half-dozen other monetary units, was up 0.2%
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In oil futures, West Texas Intermediate crude CL00 for January delivery CLF22 climbed $3.23, or 4.9%, to settle at $69.49 a barrel, after notching a sixth straight week of declines last week.
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Gold futures GC00 for February delivery GCG22 ended lower, falling $4.40 or almost 0.3%, to settle at $1,779.50 an ounce.
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The Stoxx Europe 600 Index SXXP closed up 1.3% higher on Monday. London’s FTSE 100 Index UKX closed higher by 1.5%, marking its largest one-day point gain since July 21.
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In Asia, the Shanghai Composite Index SHCOMP closed 0.5% lower, while the Hang Seng Index HSI ended 1.8% lower in Hong Kong. Japan’s Nikkei 225 Index NIK fell 0.4%.
— Steve Goldstein contributed to this article
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