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Markets Rise To Start The Trading Week

Published 23/05/2022, 21:45
Updated 23/05/2022, 22:40
© Reuters.  Markets Rise To Start The Trading Week

U.S. indices finished Monday's trading session higher as stocks rebounded following Friday's weakness. Federal Reserve policy tightening, inflation and economic concerns have weighed on stocks across sectors this year.

  • The Nasdaq composite finished higher by 1.68% to 12,034; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) gained 1.66% to $293.48.

  • The S&P 500 traded higher by 1.86% to 3,973; The SPDR S&P 500 ETF Trust (NASDAQ: SPY (NYSE:SPY)) gained 1.89% to $396.95

  • The Dow Jones composite finished higher by 1.89% to 10,853; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) finished higher by 2.05% at $318.82.

Ross Stores, Inc. (NASDAQ: NASDAQ:ROST), Deere & Company (NYSE: DE) and Citigroup Inc (NYSE: NYSE:C) were among the top gainers.

Autodesk, Inc. (NASDAQ: NASDAQ:ADSK), Caesars Entertainment Inc (NASDAQ: CZR) and Broadcom Inc (NASDAQ: NASDAQ:AVGO) were among the top losers.

Elsewhere On The Street Interested in exploring alternative investments as a way to diversify your portfolio? Keep reading to learn more about the types of alternative investments available and how you can start investing in each... Read More

President Joe Biden on Monday said that he would intervene militarily to defend Taiwan from a Chinese attack... Read More

The Direxion Daily Healthcare Bull 3X Shares (NASDAQ: CURE) gapped up almost 2.52% higher on Monday in response to outbreaks of monkeypox being reported in several western nations... Read More

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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