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U.S. Stocks Surge Ahead Of Inflation Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Following the mixed performance seen in the previous sessions, stocks showed a strong move to the upside during trading on Monday.

The Dow jumped 376.66 points or 1.1 percent to 34,245,93, the Nasdaq surged 173.67 points or 1.5 percent to 11,891.79 and the S&P 500 shot up 46.83 points or 1.1 percent to 4,137.29.

The strength on Wall Street came as some traders looked to pick up stocks at relatively reduced levels following the weakness seen last week, which partly reflected ongoing concerns about the outlook for interest rates.

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