How major US stock indexes fared Monday, 11/11/2024

Date:

Share post:


Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check.

The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up 0.1%.

Elon Musk’s Tesla was the strongest single force pushing the S&P 500 higher. Bank stocks and other popular Trump trades also led the market. Bitcoin’s price topped $86,000 for the first time. Bond trading was closed for Veterans Day.

On Monday:

The S&P 500 rose 5.81 points, or 0.1%, to 6,001.35.

The Dow Jones Industrial Average rose 304.14 points, or 0.7%, to 44,293.13.

The Nasdaq composite rose 11.99 points, or 0.1%, to 19,298.76.

The Russell 2000 index of smaller companies rose 35.34 points, or 1.5%, to 2,434.98.

For the year:

The S&P 500 is up 1,231.52 points, or 25.8%.

The Dow is up 6,603.59 points, or 17.5%.

The Nasdaq is up 4,287.41 points, or 28.6%.

The Russell 2000 is up 407.90 points, or 20.1%.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Thousands of Spaniards protest housing crunch and high rents in Barcelona

BARCELONA, Spain -- Thousands of Spaniards rallied in downtown Barcelona on Saturday to protest the skyrocketing cost...

Even with access to blockbuster obesity drugs, some people don't lose weight

Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in...

Hydrate. Make lists. Leave yourself time. And other tips for reducing holiday travel stress

Travel can be stressful in the best of times. Now add in the high-level anxiety that seems...

Negotiators work through the night at UN climate talks to try to reach a cash deal for poor nations

BAKU, Azerbaijan -- The United Nations' annual climate talks pushed into overtime Saturday under a cloud of...

What to know about Lori Chavez-DeRemer, Trump's pick for labor secretary

WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump on Friday named Oregon Rep. Lori Chavez-DeRemer to lead...

Trump nominates Marty Makary, a critic of some COVID-19 health measures, to lead the FDA

WASHINGTON -- President-elect Donald Trump on Friday nominated Dr. Marty Makary to lead the Food and Drug...

What to know about Scott Bessent, Trump's pick for treasury secretary

WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for...

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott...