Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap How major US stock indexes fared Monday, 5/6/2024 !

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

Time:2024-05-07 23:12:56 source:Culture Cross news portal

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 information
  • Woods Richardson allows 1 hit in 6 shutout innings with 8 strikeouts as Twins beat Mariners 3
  • Roberto Cavalli: Italian fashion designer dies aged 83
  • Former army officer jailed after raping Wellington sex worker
  • Hong Kong anthem bill passed amid protest
  • Georgia's attorney general says Savannah overstepped in outlawing guns in unlocked cars
  • Belgium probes Russian interference in EU elections
  • Government likened to 'dinosaurs behaving as though it's 1948' over te reo Māori use
  • Hong Kong news: Hong Kong police block Tiananmen Square candlelit vigil
Recommended content
  • Millions of people across Oklahoma, southern Kansas at risk of tornadoes and severe thunderstorms
  • Protests over government's plans to repeal Smokefree legislation in Auckland and at Parliament
  • Six months into Gaza war, Israel faces deepening isolation
  • New Zealand is in a recession: What you need to know
  • Signatures submitted for 'top two' primary election in Republican
  • China endorses Hong Kong national security law as debate delayed by politician hurling rotten plant