Dow jumps more than 400 points, S&P 500 and Nasdaq snap four-day losing streaks as stocks rebound: Live updates

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The Dow rose Monday as investors kicked off a week with more corporate earnings and key inflation readings. The Dow rose 1.16%. The S&P 500 was up 0.90%. The Nasdaq gained 0.61%.

New Tesla CFO 'was put through the fires,' Cathie Wood saysCFO Zack Kirkhorn on Monday, but said she believes that Kirkhorn "trained his successor well."

Yields on three-month and six-month Treasurys are promising, but now is a good time to add longer-dated bonds, said Kristen Bitterly, Citi Global Wealth Head of North America Investments."It's undeniable that the short-end of the curve, those are really attractive yields," Bitterly said on"But now you have all of a sudden, with some of the dialogue, you have real reinvestment risk.

In the week ending July 28, U.S. Crude inventories plunged by 17 million barrels. However, WTI Crude and ICE Brent Crude ended last week with six straight weeks of gains for the first time since June 2022 and February 2022, respectively.

 

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