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%. |
China to Continue Working with G20 Members on Global Digital Economic Paradigm: XiXi, Prayut Agree on Building ChinaChina files over 1,000 new undergraduate education programs in 2023Xi Meets with Palestinian President Mahmoud AbbasXi Calls for Solidarity to Build AsiaFuneral Committee Expresses Gratitude for Condolences over Jiang Zemin's PassingBooklet Containing Xi's APEC Speeches PublishedXi Sends Condolences to Indonesian President over Deadly EarthquakeXi's article on CPC selfXi Calls for Solidarity to Build Asia