How major US stock indexes fared Monday, 10/30/2023

How major US stock indexes fared Monday, 10/30/2023

SeattlePI.com

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Wall Street clawed back some of its recent losses to start a week that could see more big swings in financial markets. The S&P 500 finished 1.2% higher Monday in its first trading after dropping more than 10% below its high point for the year. The Dow Jones Industrial Average ended 511 points higher, and the Nasdaq composite rose 1.2%. Treasury yields were also climbing at the start of a week full of economic data, including key reports on the U.S. job market. The Federal Reserve announces its next move on interest rates Wednesday. Oil prices continued to swing amid the latest developments in the Israel-Hamas war.

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