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
Vietnam celebrates 70 years since Dien Bien Phu battle that ended French colonial rule
DIEN BIEN PHU, Vietnam (AP) — Vietnam on Tuesday celebrated the 70th anniversary of the battle of Di2024-05-07- ROME (AP) — Group of Seven foreign ministers are meeting on the Italian resort island of Capri, with2024-05-07
Watch What Happens Live: Kristen Doute says The Valley co
Kristen Doute said her co-star Jax Taylor was 'not unfaithful' to Brittany Cartwright on Tuesday's e2024-05-07Amed Rosario's RBI infield single in the 13th inning lifts the Rays to a 7
ST. PETERSBURG, Fla. (AP) — Amed Rosario drove in the winning run with an infield single and the Tam2024-05-07New Liberia forest boss plans to increase exports, denies working with war criminal Charles Taylor
Liberia, West Africa’s most forested country, has a long history of illegal logging, which the count2024-05-07UN appeals for $2.8 billion to help 3 million Palestinians in desperate need of food and other aid
UNITED NATIONS (AP) — The United Nations appealed for $2.8 billion on Tuesday to provide desperately2024-05-07
atest comment