Wall Street is 'roaring' back: Investors finally see a reason to cheer as stocks surge across the board.
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The S&P 500 recorded its biggest daily gain since April 8 on Monday.
- ✓The Nasdaq also saw its largest advance since July 30 as all 11 major sectors rose.
- ✓Stocks got a lift after Brent crude prices fell.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
US Stock Market today: Each of the 11 major S&P 500 sector indexes rose on the session, with nine showing gains of more than 1 per cent on Monday. Industrials and consumer discretionary were the top performers, rising more than 3 per cent each.
S&P 500 on Monday recorded its biggest daily percentage gain since April 8, while the Nasdaq marked its biggest daily advance since July 30. Dow Jones Industrial Average rose 1,104.02 points, or 2.2 per cent, to 52,389.75, Russell 2000 rose 86.71 points, or 3.1 per cent, to 2,840.81. S&P 500 rose 173.08 points, or 2.3 per cent, to 7,549.94 and Nasdaq composite rose 673.71 points, or 2.7 per cent, to 25,253.14.
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Economic Times
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