US stocks close the month with strong gains

News

The major stock indices are ending with solid gains for the day:

  • Dow industrial average rose 315.50 points or 0.97% at 32845.14
  • S&P index rose 57.86 points or 1.42% at 4130.28
  • NASDAQ index rose 228.10 points or 1.8% at 12390.70. That’s a largest increase cents April 2020
  • Russell 2000 rose 12.20 points or 0.65% at 1885.23

For the trading month the average had their best month of the year:

  • Dow industrial average rose 6.73%
  • S&P index rose 9.12% which was the best month since November 2020
  • NASDAQ index rose 12.35%.

For the trading week.

  • Dow industrial average rose by 2.97%
  • S&P index rose 4.26%
  • NASDAQ index rose 4.7%

Some pretty good numbers for the day, week and month for the major indices. Moreover, the gains were made despite a 75 basis point hike and the earnings calendar.

Articles You May Like

Forexlive Americas FX news wrap: PCE inflation unexpectedly cools
EU lowers corn and wheat output estimates – ING
Oil prices in holding pattern ahead of Federal Reserve decision
Trump’s tariff threats don’t seem so bad
Darden Restaurants stock climbs as Olive Garden, LongHorn Steakhouse fuel sales growth

Leave a Reply

Your email address will not be published. Required fields are marked *