Stocks Notch Second Day of Gains - InvestingChannel

Stocks Notch Second Day of Gains

The three major indexes closed higher Monday as traders tried to add to sharp gains seen last week and weighed the latest moves in rates.

The Dow Jones Industrials bolted 417.06 points, or 1.3%, to 31,499.62.

The S&P 500 leaped 44.59 points, or 1.2%, to 3,797.34.

The NASDAQ advanced 92.9 points to 10,924.92.

Investors will watch for earnings from Big Tech names. Results for Alphabet and Microsoft are out Tuesday. Apple and Amazon are due Thursday.

Treasury prices fell back, raising yields to 4.25% from Friday’s 4.22%. Treasury prices and yields move in opposite directions.

Oil prices slid 23 cents to $84.82 U.S. a barrel.

Gold prices sagged $2.10 to $1,654.20 U.S. an ounce.

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