Stocks closed broadly higher on Wall Street as investors regained an appetite for risk following two straight weeks of losses.
Technology stocks lead the gains. Microsoft and Google’s parent company both rose more than 2%. Safe-play sectors like utilities lagged the rest of the market.
On Monday:
The S&P 500 rose 41.19 points, or 1%, to 4,197.05.
The Dow Jones Industrial Average rose 186.14 points, or 0.5%, to 34,393.98.
The Nasdaq rose 190.18 points, or 1.4%, to 13,661.17.
The Russell 2000 index of smaller companies rose 12.07 points, or 0.5%, to 2,227.34.
For the year:
The S&P 500 is up 440.98 points, or 11.7%.
The Dow is up 3,787.50 points, or 12.4%.
The Nasdaq is up 772.89 points, or 6%.
The Russell 2000 is up 252.48 points, or 12.8%.
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
