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Economy |
Stock market closes higher as tech shares rally |
2019-02-05 |
[Market Watch] U.S. stocks closed higher Monday, with the Nasdaq doing much of the heavy lifting, as investors looked ahead to another week of high-profile earnings and developments in U.S.-China trade talks. How did major indexes fare? The Dow Jones Industrial Average DJIA, +0.70% rose 174.48 points, or 0.7%, to end at 25,239.37, while the S&P 500 index SPX, +0.68% gained 18.34 points, or 0.7%, to 2,724.87. The Nasdaq Composite Index added 83.67 points, or 1.2%, to close at 7,347.54. What drove the market? Investors will wade through more corporate earnings this week, with 97 members of the S&P 500 on tap along with one Dow component, Walt Disney Co. DIS, +0.45% reporting Tuesday. |
Posted by:Besoeker |