Indexes End Day With Meager Gains

Early rally mostly fades on Wall Street
By Newser Editors and Wire Services
Posted Apr 9, 2018 3:04 PM CDT
Indexes End Day With Meager Gains
Trader Michael Conlon, left. and specialist Anthony Rinaldi on the floor of the New York Stock Exchange, Monday, April 9, 2018. Stocks are opening solidly higher on Wall Street, led by gains in big technology companies.   (AP Photo/Richard Drew)

Stocks indexes gave up much of an early rally ended with meager gains on Wall Street, the AP reports. Large-company stocks did better than smaller ones Monday. The Dow Jones industrial average and the S&P 500 indexes ended higher, but smaller-company stocks lagged behind. Technology companies and banks rose more than the rest of the market. Apple and Google's parent company, Alphabet, each rose 1%. The S&P 500 rose 8 points, or 0.3%, to 2,613. The Dow average increased 46 points, or 0.2%, to 23,979. It had been up as much as 440 earlier. The Nasdaq composite added 35 points, or 0.5%, to 6,950. The Russell 2000 index of smaller-company stocks ended little changed. (More stock market stories.)

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