How major US stock indexes fared Monday, 5/6/2024
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
Russia plans nuclear weapon drills after angry exchange with Western officials
Russia on Monday threatened to strike British military facilities and said it would hold drills simu2024-05-07Now THAT'S a room with a view: Inside the St Regis Abu Dhabi
The opulence of the St Regis Abu Dhabi is disguised, with the hotel occupying swathes of two office-2024-05-07More than 214k vehicles seized by police forces last year
Police forces across Britain seized more than 214,000 vehicles from the road last year.Cars can be t2024-05-07Shed of the Year 2024: We speak to one entrant who created his dream British boozer 'The Dirty Dog'
It's that time of year again when the nation celebrates one of the symbols of British eccentricity -2024-05-0776ers president Daryl Morey has big plans to build NBA title team around Embiid and Maxey
CAMDEN, N.J. (AP) — Say goodbye to the 76ers.No, not Joel Embiid. Tyrese Maxey is sticking around, t2024-05-07Move over Mykonos! Paros is far more laid
You have to make a bit of an effort to reach the small, Cycladic island of Paros.But it’s worth it i2024-05-07
atest comment