Stocks Pick Up After Shaky Morning

Health care and telecommunications stocks rise
By Newser Editors and Wire Services
Posted Mar 21, 2016 3:21 PM CDT
Specialist Jarret Johnson, center, works at his post on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

(Newser) – Stocks shook off an early loss on Monday to notch their fourth consecutive gain in a row. Investors had their eye on the latest string of deal news, as well as a new report showing US home sales slumped last month, the AP reports. Telecommunications and health care stocks were among the biggest risers. Among the details:

  • The Dow Jones industrial average picked up 21.57 points, or 0.1%, to 17,623.87.
  • The Standard & Poor's 500 index rose 2.02 points, or 0.1%, to 2,051.60.
  • The Nasdaq composite index added 13.23 points, or 0.3%, to 4,808.87.

For the year, the Dow is up 198.84 points, or 1.1%; the S&P 500 is up 7.66 points, or 0.4%; the Nasdaq is down 198.54 points, or 4%. (Read more stocks stories.)

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