How major US stock indexes fared Monday, 4/29/2024

Stocks edged higher as Wall Street readies for a week packed with potentially market-moving news.

The S&P 500 rose 0.3% Monday. The Dow Jones Industrial Average climbed 0.4%, and the Nasdaq composite rose 0.3%.

Amazon and Apple will report their latest earnings results this week, along with roughly a third of the companies in the S&P 500. The Federal Reserve will also announce its latest decision on interest rates Wednesday, with virtually everyone expecting it to stand pat. The U.S. government’s monthly jobs report will hit on Friday. The yield on the 10-year Treasury note fell to 4.61%.

On Monday:

The S&P 500 rose 16.21 points, or 0.3%, to 5,116.17.

The Dow Jones Industrial Average rose 146.43 points, or 0.4%, to 38,386.09.

The Nasdaq composite rose 55.18 points, or 0.3%, to 15,983.08.

The Russell 2000 index of smaller companies rose 14.03 points, or 0.7%, to 2,016.03.

For the year:

The S&P 500 is up 346.34 points, or 7.3%.

The Dow is up 696.55 points, or 1.8%.

The Nasdaq is up 971.73 points, or 6.5%.

The Russell 2000 is down 11.05 points, or 0.5%.

Should you invest $1,000 in Amazon.com right now?

Before you consider Amazon.com, 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 Amazon.com wasn't on the list.

While Amazon.com currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Featured Articles and Offers

Amazon Stands Tall: New Highs Are in Sight

Amazon Stands Tall: New Highs Are in Sight

Amazon had another solid quarter, with growth in all segments contributing.

Search Headlines: