Stocks surged steadily on Monday after Wall Street got what it wanted on the tariff front.
The Dow Jones Industrial Average was up 1,110 points, or 2.7%, in early afternoon trading. The S&P 500 was up 3.2%. The Nasdaq Composite rallied 4.2%.
The major indexes jumped back above their 200-day moving averages. The Dow was on track to close more than 10% from its April 8 closing low, which would mark an exit from its technical correction. The Nasdaq is more than 20% above its April 8 close, which would put the index in a new bull market.
Latest News
- Honda braces for $3bn tariff impact on profits
- Stock market today: Dow, S&P 500, Nasdaq futures stall as tariff uncertainty preys on minds
- Dow Jones Futures: S&P 500 Erases 2025 Loss On Nvidia-Saudi Deal; Palantir, Carvana Break Out
- AI infrastructure firm TensorWave raises $100 million in latest funding
- Why BridgeBio Pharma, Inc. (BBIO) Declined on Tuesday
- Insurtech company wefox to offload Italian businesses to J.C. Flowers
