opinions

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

Font size+Author:Earth Encounters news portalSource:health2024-05-08 01:38:07I 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
  • Chinese paddlers continue winning streak at WTT Champions Incheon

    Chinese paddlers continue winning streak at WTT Champions Incheon

    2024-05-08 01:14

  • Interview: Uncertainty to push business away from Europe, says expert

    Interview: Uncertainty to push business away from Europe, says expert

    2024-05-08 00:20

  • Propaganda won't eliminate harms of Japan's nuke wastewater discharge plan

    Propaganda won't eliminate harms of Japan's nuke wastewater discharge plan

    2024-05-07 23:45

  • France should bring rational voice to EU trade policy on China

    France should bring rational voice to EU trade policy on China

    2024-05-07 23:07

Netizen comments