Stock market today (May 7, 2024): Wall Street rises to add to last week’s gains

U.S. stocks rose Monday and added to their gains from last week, as technology companies once again led the way.

Vistra, an electricity and power generation company, rose 2.1% after investors learned it will join the widely tracked S&P 500 index on Wednesday. Freshpet jumped 10.4% after reporting better results than expected in large part because it sold 30% more food for cats and dogs, and But several more big names are still on the way this week, including The Walt Disney Co. and Uber Technologies.

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Stock market today (May 3, 2024): Wall Street climbs to trim its loss for the weekNEW YORK — U.S. stocks climbed Thursday to trim the majority of their losses for the week. The S&P 500 rose 45.81 points, or 0.9%, to 5,064.20 a day after swinging sharply when the Federal Reserve said it's likely delaying cuts to interest rates but not planning to hike them.
Source: BusinessMirror - 🏆 19. / 59 Read more »