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%. |
Award Ceremony Held to Honor Foreigners for Contribution to Cultural Exchanges11th Straits Youth Day Marked in FuzhouAsian Games Torch Relay Highlights Dreams in ShaoxingRural Women Build New Homes in Relocated VillagesTrapped Passengers in Mentougou District of Beijing Safely TransferredCultural Exhibition of Countries Along Belt and Road Held During 2023 CIFTISCulture, Museum Craze Drives Consumption During China's EightBeijing Has One Museum for Every 100,000 PeopleXinhua Headlines: China Speeds up PostTwo CCTF Public Welfare Projects Win China Charity Award