How major US stock indexes fared Monday, 4/22/2024
U.S. stocks have clawed back some of their losses from last week.
The S&P 500 rose 0.9% Monday to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite jumped 1.1%.
Technology stocks led the way as yields stabilized in the bond market. Bank stocks were also strong following better profits than expected from Truist Financial and others. They helped offset a drop for Tesla, which announced more cuts to prices over the weekend. Tesla is one of roughly 150 companies in the S&P 500 set to report its earnings this week.
On Monday:
The S&P 500 rose 43.37 points, or 0.9%, to 5,010.60.
The Dow Jones Industrial Average rose 253.58 points, or 0.7%, to 38,239.98.
The Nasdaq composite rose 169.30 points, or 1.1%, to 15,451.31.
The Russell 2000 index of smaller companies rose 19.82 points, or 1%, to 1,967.47.
For the year:
The S&P 500 is up 240.77 points, or 5%.
The Dow is up 550.44 points, or 1.5%.
The Nasdaq is up 439.95 points, or 2.9%.
The Russell 2000 is down 59.60 points, or 2.9%.
Related articles
Kroos criticizes match officials for offside call in Bayern
BERLIN (AP) — Real Madrid midfielder Toni Kroos criticized match officials for their controversial o2024-05-17Severino finds his old form and takes a no
NEW YORK (AP) — After carrying a no-hitter into the eighth inning, Luis Severino was asked when he k2024-05-17- A British woman who moved to the US has revealed all of the ways living in America has changed her.M2024-05-17
Man United's ENTIRE squad 'is up for sale'
Manchester United are open to selling the majority of their squad in an explosive fire sale this sum2024-05-17- Tom Sandoval just shut down rumors that he had allegedly broken up with his girlfriend Victoria Lee2024-05-17
Tragedy as Taylor Swift fan dies days before her 10th birthday
The brave nine-year-old girl from Perth who captured hearts during Taylor Swift's Sydney concert has2024-05-17
atest comment