U.S. stocks mostly higher in final hour of trading, with Nasdaq powering through with 1.5% gain

U.S. stocks were mixed in Monday’s final hour of trading, with Dow industrials attempting to recover from earlier losses and down by 7 points. Meanwhile, the S&P 500 and Nasdaq Composite were up by 0.7% and 1.

5%, respectively, and on their way to bouncing back after suffering three straight weekly losses. Stocks were being pressured by a continued rise in long-term Treasury yields, as investors priced in a growing likelihood of higher-for-longer theme in U.S. rates. Meanwhile, Wall Street seemed confident that Nvidia Corp. will post a “beat-and-raise” earnings report on Wednesday.

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:

MarketWatch /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market News Today: Dow Slips 150 Points; Tesla and Zoom Stocks in FocusLive updates on stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Read more »