How major US stock indexes fared Monday

How major US stock indexes fared Monday

SeattlePI.com

Published

Stocks closed broadly higher on Wall Street Monday as the economy showed more signs that it’s continuing to recover.

The S&P 500 rose 1.4% to another record high. The gains came after the government reported last week that employers went on a hiring spree in March, adding 916,000 jobs, the most since August. Investors had a delayed reaction to the encouraging jobs reports, which was released on Friday when stock trading was closed. The services sector also showed strong growth in March.

Tesla surprised investors with a report that vehicle deliveries doubled during the first quarter. Crude oil prices fell.

On Monday:

The S&P 500 rose 58.04 points, or 1.4%, to 4,077.91.

The Dow Jones Industrial Average rose 373.98 points, or 1.1%, to 33,527.19.

The Nasdaq rose 225.49 points, or 1.7%, to 13,705.59.

The Russell 2000 index of smaller companies rose 10.98 points, or 0.5% to 2,264.89.

For the year:

The S&P 500 is up 321.84 points, or 8.6%.

The Dow is up 2,920.71 points, or 9.5%.

The Nasdaq is up 817.31 points, or 6.3%.

The Russell 2000 is up 290.03 points, or 14.7%.

Full Article