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.
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