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
Man dragged by bear following fatal car crash, Massachusetts state police say
HATFIELD, Mass. (AP) — A man who was dragged by a bear following a car crash was most likely dead at2024-05-07CORSET addict, 48, who wears a steel
A corset addict who wears a steel-bone cincher for 16 hours a day in an attempt to break the record2024-05-07Hannah Waddingham looks incredible in pink tweed co
Hannah Waddingham looked incredible as she welcomed the Sun Princess cruise ship in Barcelona, Spain2024-05-07Biden blames Trump for Florida's six
TAMPA, Fla. (AP) — President Joe Biden on Tuesday blamed Donald Trump for Florida’s upcoming abortio2024-05-07Chad holds presidential election after years of military rule
N’DJAMENA, Chad (AP) — Voters in Chad headed to the polls on Monday to cast their ballot in a long d2024-05-07- CINCINNATI (AP) — The Cincinnati Bengals have exercised the fifth-year option on the rookie contract2024-05-07
atest comment