Dow Ends Day Up 90

S&P 500, Nasdaq also close higher
By Newser Editors and Wire Services
Posted May 22, 2017 3:07 PM CDT
Specialist Meric Greenbaum, left, and trader James Conti work on the floor of the New York Stock Exchange, Wednesday, May 17, 2017.   (AP Photo/Richard Drew)

(Newser) – Technology companies led US stock indexes broadly higher on Wall Street Monday, the AP reports. Ford rose 2.1% after replacing its CEO. Defense contractors also made gains as the market bounced back from a turbulent week. Consumer-focused companies also rose. Amazon climbed 1%. Energy companies bucked the broadly higher trend and ended slightly lower. The Standard & Poor's 500 index increased 12 points, or 0.5%, to 2,394. The Dow Jones industrial average gained 90 points, or 0.4%, to 20,894. The Nasdaq composite rose 49 points, or 0.8%, to 6,133. Two stocks rose for every one that fell on the New York Stock Exchange. (Read more stock market stories.)

My Take on This Story
Show results  |