U.S. stocks closed higher on Wall Street, adding to last week’s gains.
The S&P 500 climbed 1% Monday. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 1.2%. Treasury yields held steady in the bond market following last week’s big moves on hopes that a cooling job market could get the Federal Reserve to cut interest rates this year.
Berkshire Hathaway rose after Warren Buffett’s company reported its latest quarterly results over the weekend. Freshpet jumped after reporting better results than expected. The Walt Disney Co. and Uber Technologies will also report their earnings later this week.
On Monday:
The S&P 500 rose 52.95 points, or 1%, to 5,180.74.
The Dow Jones Industrial Average rose 176.59 points, or 0.5%, to 38,852.27.
The Nasdaq composite rose 192.92 points, or 1.2%, to 16,349.25.
The Russell 2000 index of smaller companies rose 24.95 points, or 1.2%, to 2,060.67.
For the year:
The S&P 500 is up 410.91 points, or 8.6%.
The Dow is up 1,162.73 points, or 3.1%.
The Nasdaq is up 1,337.89 points, or 8.9%.
The Russell 2000 is up 33.60 points, or 1.7%.
Related articles:
Related suggestion:
Messi wins 2022 Best FIFA Men's Player AwardShanghai real estate company faces $1.2 mln fines for multiple violationsIAEA board to hold meeting over Zaporizhzhia attacksChina approves first cargo airportEnvoy: ChinaCPC Leadership Hears Work ReportsEnvoy: ChinaUN chief to meet Ukrainian president in KyivXi Focus: Xi's 2024 New Year Message Highlights Confidence, People, Global VisionJapan's discharge plan
0.1328s , 4667.4921875 kb
Copyright © 2024 Powered by How major US stock indexes fared Monday, 5/6/2024 ,Culture Cross news portal