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Stocks gained Monday on their favorite combination of news -- lower oil prices and a flurry of M&A activity. Meanwhile, the bond market remained pessimistically positioned for an economic slowdown, no inflation and an end to Federal Reserve rate hikes.
The tiebreaker in the financial markets' tennis match could be any of the week's important data points, including revised second-quarter GDP, July personal consumption, nonfarm payrolls and the August ISM manufacturing index.
The Dow Jones Industrial Average gained 0.6% to 11,352.01, while the S&P 500 ended the day up 0.5% at 1301.78. The Nasdaq Composite closed up 0.95% to 2160.70. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,414.14 | 1,114.05 | 2,237.66 | 36.82 |
Oil *
72.73
|
|
UP
85.25
|
UP
11.58
|
UP
25.97
|
UP
1.36
|
10 Yr
3.68%
SPDR Gold
106.95
|
|
+0.83%
|
+1.05%
|
+1.17%
|
+3.84%
|
Data delayed 20 minutes |
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