Published 2 years ago

Wall Street rallies to higher close boosted by banks, big tech

Summary by Ground News

The S&P 500 is coming off its longest weekly losing streak since the dot-com bubble was deflating in 2001. Concerns about inflation have been weighing on the market and have kept major indexes in a slump. The yield on the 10-year Treasury, which helps set mortgage rates, rose to 2.86%.

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CTV News

Wall Street ends higher following 7 straight weeks of losses

Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020.

2 years ago·Canada

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Reuters

Wall Street rallies on back of big tech, banks

U.S. stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street's longest streak of weekly declines since the dotcom bust more than 20 years ago.

2 years ago·United Kingdom

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Associated Press News

Wall Street ends higher following 7 straight weeks of losses

NEW YORK (AP) — Stocks closed broadly higher Monday, an upbeat start to the week on Wall Street after seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 rose 1.9%, with technology and financial sector stocks doing much of the heavy lifting for the benchmark index.

2 years ago·United States

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CNN

Stocks surge thanks to big rally for JPMorgan Chase and other banks

Investors took a break from selling in May and going away, for one day at least.

2 years ago·Atlanta, United States

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Washington Times

Wall Street ends higher following 7 straight weeks of losses

Stocks closed broadly higher Monday, an upbeat start to the week on Wall Street after seven weeks of declines that nearly ended the bull market that began in March 2020.

2 years ago·United States

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