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 23:59:16 source:Stellar Standpoint 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
  • Human remains were found at a former Hitler base, but decay prevents determining the cause of death
  • Efficient Real Madrid making an art form of scoring when least expected
  • Capitals' T.J. Oshie hopes to play next season
  • Brewers call up hot
  • Arsenal needs a favor from Tottenham in the title race. Current form suggests it won't happen
  • The Yellowstone effect! House prices in these rural Wyoming towns have soared to an all
  • House Republicans launch investigation into federal funding for universities amid campus protests
  • A missing Utah cat with a fondness for boxes ends up in Amazon returns warehouse, dehydrated but OK
Recommended content
  • Russian journalist arrested for years
  • Mexican officials regret US decision not to retry American rancher in fatal shooting of Mexican man
  • After a strong first round, overall NFL draft ratings down 3 percent from last year
  • Apple launches new Beats headphones with 50
  • Radek Faksa scores in return, Stars oust defending Stanley Cup champ Golden Knights 2
  • US judges reject new Louisiana congressional map