health

How major US stock indexes fared Monday, 5/6/2024

Font size+Author:Global Grounds news portalSource:business2024-05-07 21:11:27I want to comment(0)

U.S. stocks closed higher on Wall Street, adding to last week’s gains.The S&P 500 climbed 1% Mon

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
  • Czech Republic's top court rules that surgery is not required to officially change gender

    Czech Republic's top court rules that surgery is not required to officially change gender

    2024-05-07 20:46

  • Xi Sends Condolences to Indian President, PM over Bridge Collapse

    Xi Sends Condolences to Indian President, PM over Bridge Collapse

    2024-05-07 19:38

  • Xinhua Headlines: Xi, Biden Hold Candid, In

    Xinhua Headlines: Xi, Biden Hold Candid, In

    2024-05-07 19:30

  • Xi Sends Congratulatory Letter to 2022 World Internet Conference Wuzhen Summit

    Xi Sends Congratulatory Letter to 2022 World Internet Conference Wuzhen Summit

    2024-05-07 19:21

Netizen comments