U.S. stocks add to all-time high with more gains on Monday

  • 📰 CBSHealth
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Economy News

China

U.S. stocks are rising in afternoon trading Monday building on its record set on Friday

U.S. stocks rising Monday to add to their all-time highs.The S&P 500 was up 0.8% in afternoon trading and building on its record set on Friday. The Dow Jones Industrial Average came back from an early loss to rise 225 points and add 0.5% to its own record, as of 2:35 p.m. ET, while the Nasdaq composite was up 1%. The U.S. bond market remained closed for the day because of the Monday holiday.

1% after announcing a $2 billion loan platform agreement with investment firm Fortress Investment Group, where SoFi will refer pre-qualified borrowers.Longboard Pharmaceuticals soared 51.2% after H. Lundbeck, a Danish company, said it would buy the biopharmaceutical company in an all-cash deal valuing it at $2.6 billion.On the losing side of Wall Street was, Boeing lost 1% in its first trading since the aerospace giant warned that it expects to report that it burned through $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 480. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines