Stock market news today: Tech roars back as S&P 500, Nasdaq surge

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

President Joe Biden أخبار

Nasdaq Composite,Kamala Harris,Heavy Losses

Investors are surveying a changed political landscape after Biden called off his re-election bid, assessing what it could mean for the Trump trade.

US stocks ripped higher on Monday with tech leading the gains as investors assessed the political landscape following President Joe Biden's exit from the presidential race. The S&P 500 gained more than 1% while the tech-heavy Nasdaq Composite rose roughly 1.7%, both coming off their worst weekly losses since April. The Dow Jones Industrial Average increased 0.2%.

Still, the political shock could inject more volatility into an already battered stock market, distracting focus from this week's flood of earnings and key inflation release. That could prompt a light unwinding of recent "Trump trade" bets on assets seen as benefiting from a second Trump presidency, such as bitcoin, bank stocks, and higher US bond yields. The yield on the benchmark 10-year Treasury slipped on Monday.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market news today: S&P 500, Nasdaq post sharpest weekly losses since April amid tech routStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: S&P 500, Nasdaq fall from records amid tech sell-offJerome Powell steps up for part two of his policy update to Congress, with investors on the alert for more clues to rate-cut prospects.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market news today: Stocks slip en route to sharp weekly losses for S&P 500, NasdaqStocks are facing another rough ride after a global IT outage hit businesses worldwide, with weekly losses in play.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market news today: S&P 500, Nasdaq futures tumble as China curb risk rattles techsTechs were under dual pressure from worries about US export curbs on China and Donald Trump's stance on Taiwan.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market today: Wall Street ends mixed, nudging the S&P 500 and Nasdaq to more recordsStocks wavered to a mixed close on Wall Street, nudging the S&P 500 and the Nasdaq composite to more records. The S&P 500 inched up 0.1% Monday, and the Nasdaq rose 0.3%. The Dow Jones Industrial Average gave up an early gain and fell 0.1%.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »