Stocks Recover from Damage of Last Week - InvestingChannel

Stocks Recover from Damage of Last Week

The S&P 500 rose slightly on Monday as Wall Street looked to see if the market rally could find more momentum in the final week of June.

The Dow Jones Industrials nicked up 1.85 points to begin the last week of the month at 33,729.28.

The S&P 500 regrouped 10.65 points to 4,358.98.

The NASDAQ index moved forward 68.48 points to 13,560.99.

Segments of the market are still on track for a banner first half of the year. The tech-heavy NASDAQ Composite is up nearly 29% and the S&P’s gained more than 13%. The Dow’s lagged behind, up less than 2%.

The final week of June is a light one for economics reports and corporate earnings, which are highlighted by Walgreens Boots Alliance on Tuesday and Nike on Thursday.

Traders are also keeping an eye on Europe, after Russia saw a brief rebellion by a private military group over the weekend. Uncertainty about the situation there could keep the markets on edge.

Prices for the 10-year Treasury were unchanged, keeping yields at Friday’s 3.74%.

Oil prices gained 14 cents to $69.30 U.S. a barrel.

Gold prices added four dollars to $1,933.60 U.S. an ounce.

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