Dow Jones futures were little changed late Monday, as Treasury yields surged. Tesla soared past a new buy point, while Apple made history. Read More...
Reuters
Wall Street downplays worries in wishful start to 2022
BOSTON (Reuters) -Wall Street’s New Year optimism overpowered concerns about the coronavirus and inflation on Monday, with U.S. and European equity markets advancing in parallel with rising oil prices and U.S. Treasury yields. The Dow Jones Industrial Average rose 246.76 points, or 0.68%, to 36,585.06; the S&P 500 gained 30.38 points, or 0.64%, to 4,796.56; and the Nasdaq Composite added 187.83 points, or 1.2%, to 15,832.80. Leading the way were Apple Inc, which on Monday became the first company with a $3 trillion stock market value, and Tesla Inc, whose shares were up more than 13.5% after reporting stronger-than-expected quarterly deliveries of its electric cars.
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