How major US stock indexes fared Monday, 5/6/2024
Time:2024-05-08 01:37:00 Source:entertainmentViews(143)
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%.
Previous:Kim Kardashian is relentlessly BOOED by the crowd at Tom Brady roast in her hometown of Los Angeles
Next:Teacher Appreciation Week: Top school's staff go 'beyond the textbook'
You may also like
- Call it Cognac diplomacy. France offered China’s Xi a special drink, in a wink at their trade spat
- Five young men shot at gathering in Maryland park
- Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
- Controversial university 'race researcher' who wrote that equality between white and non
- Larrañaga, Kruger, Dunphy and Nolan to be honored with Joe Lapchick Character Award
- New York Rangers captain Jacob Trouba may be the most interesting man in hockey, on and off the ice
- Dalai Lama’s sister receives award for educating Tibetans in exile — Radio Free Asia
- Dominican prosecutors arrest soldier accused of raping a 14
- 5 workers dead, 49 still missing after a building under construction collapsed in South Africa