In Rebound, Dow's Up 117
Wynn Resorts, Apollo Education have a good day
By Newser Editors and Wire Services
Posted May 2, 2016 3:15 PM CDT
Trader Tommy Kalikas, center, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

(Newser) – Stocks closed solidly higher Monday as the market regained some ground it lost last week, the AP reports. Casino operator Wynn Resorts jumped 7%, one of several consumer stocks to post big gains. Apollo Education, which runs the University of Phoenix, jumped 12% Monday after a group of investors raised their bid for the company. Halliburton rose 2% after its long-planned deal to acquire rival oilfield services company Baker Hughes was called off because of antitrust concerns. The Dow Jones industrial average climbed 117 points, or 0.7%, to 17,891. The Standard & Poor's 500 index gained 16 points, or 0.8%, to 2,081. The Nasdaq composite added 42 points, or 0.9%, to 4,817.

 

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