- U.S. stocks rose after five straight sessions of declines on Monday boosted by technology stocks, however a fall in the shares of the world’s largest planemaker after a second deadly crash in just five months capped gains on the blue-chip Dow.
Helping markets gain ground was the heavyweight Dow component’s stock bouncing off its session lows, while the Dow Jones Airlines index reversed course to trade 0.34 percent higher. The S&P 500 index fell 2.2 percent last week, its biggest decline since Wall Street tumbled at the end of 2018, weighed by fears of a slowing economy after data showed U.S. job growth almost stalled in February, China’s exports fell and as the European Central Bank slashed growth forecasts for the region.All the major S&P sectors were trading higher, led by gains in the high-growth technology sector, which was up 1.81 percent.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 charts that show why these stocks are Wall Street analysts' top picks in EuropeJefferies chose 10 companies with great management; high barriers to entry; pricing power; positive free cash flow; or some combination of the four.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: CNBC - 🏆 12. / 72 Read more »