US stocks soar; Dow up as much as 400 points
Published on March 26, 2018 at 04:16PM by By ALEX VEIGA, AP Business Writer
U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. The broad gains sent the Dow Jones industrial average up more than 400 points after losing more than 1,400 last week. Investors drew encouragement from signs that the U.S. and China are open to negotiating to avert a potential trade war. Technology and financial stocks, which took some of the biggest losses last week, accounted for much of the market's broad gains. KEEPING SCORE: The Standard & Poor's 500 index rose 43 points, or 1.7 percent, to 2,631 as of 10:07 a.m. Eastern Time. The Dow Jones industrial average gained 429 points, or 1.8 percent, to 23,962. The Nasdaq added 129 points, or 1.9 percent, to 7,121.
Published on March 26, 2018 at 04:16PM by By ALEX VEIGA, AP Business Writer
U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. The broad gains sent the Dow Jones industrial average up more than 400 points after losing more than 1,400 last week. Investors drew encouragement from signs that the U.S. and China are open to negotiating to avert a potential trade war. Technology and financial stocks, which took some of the biggest losses last week, accounted for much of the market's broad gains. KEEPING SCORE: The Standard & Poor's 500 index rose 43 points, or 1.7 percent, to 2,631 as of 10:07 a.m. Eastern Time. The Dow Jones industrial average gained 429 points, or 1.8 percent, to 23,962. The Nasdaq added 129 points, or 1.9 percent, to 7,121.
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