U.S. stocks have clawed back some of their losses from last week.
The S&P 500 rose 0.9% Monday to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite jumped 1.1%.
Technology stocks led the way as yields stabilized in the bond market. Bank stocks were also strong following better profits than expected from Truist Financial and others. They helped offset a drop for Tesla, which announced more cuts to prices over the weekend. Tesla is one of roughly 150 companies in the S&P 500 set to report its earnings this week.
On Monday:
The S&P 500 rose 43.37 points, or 0.9%, to 5,010.60.
The Dow Jones Industrial Average rose 253.58 points, or 0.7%, to 38,239.98.
The Nasdaq composite rose 169.30 points, or 1.1%, to 15,451.31.
The Russell 2000 index of smaller companies rose 19.82 points, or 1%, to 1,967.47.
For the year:
The S&P 500 is up 240.77 points, or 5%.
The Dow is up 550.44 points, or 1.5%.
The Nasdaq is up 439.95 points, or 2.9%.
The Russell 2000 is down 59.60 points, or 2.9%.
Related articles:
Related suggestion:
How a computer whiz duped the world into believing Katy Perry attended the 2024 Met GalaAlgeria's leader demands justice over French colonialGeorge Clooney beams as he rings in his 63rd birthday with cake and balloons alongside coWood scores 11:03 in OT as Avalanche finish off 3With inflation soaring, Argentina will start printing 10,000 peso notesPennsylvania House passes bill restricting how social media companies treat minorsRangers reacquire OF Robbie Grossman in trade with White SoxMan indicted in killing of Laken Riley, a Georgia case at the center of national immigration debateBrainteaser contains the genuine logos of popular brands hidden among fakesGeorgia lawmakers vowed to restrain tax breaks. But the governor's veto saved a data
3.322s , 6497.5625 kb
Copyright © 2024 Powered by How major US stock indexes fared Monday, 4/22/2024 ,Stellar Stories news portal