Prior to this week’s important inflation and economic statistics, US market indices saw gains on Monday.
The S&P 500 was up 8.40 points, or 0.17 percent, at 5,097.20, the Nasdaq Composite was up 22.55 points, or 0.14 percent, at 16,019.38, and the Dow Jones Industrial Average was up 68.69 points, or 0.18 percent, at 39,200.22 at 09:35 a.m. ET.
At 39,144.79, the Dow Jones Industrial Average increased by 13.26 points, or 0.03 percent. At 5,093.00, the S&P 500 began the day higher by 4.20 points, or 0.08 percent, while the Nasdaq Composite increased by 17.63 points.
After reaching $2 trillion in market value for the first time on Friday, Nvidia stock continued to surge, rising 1.8%.
The Micron Technology increased by 5.0%. Following the announcement of its second consecutive record annual operating profit, Berkshire Hathaway saw a 2.6% increase. Pizza Domino’s increased
8.4% on surpassing Wall Street forecasts for same-store sales in the quarter. As of late Friday, the yield on the 10-year Treasury was 4.25 percent.
The FTSE 100 in Britain dropped 0.3% to 7,687.44 points. The CAC 40 for France dropped 0.4% to 7,938.08. The DAX in Germany dropped 0.1% to 17,408.27. The Euro Stoxx 50 decreased by 0.2% to 4,863.03.
Hong Kong’s Hang Seng Index decreased by 0.54 percent to 16,634.74 on Asian stock markets. The Shanghai Composite of China dropped 0.9% to 2,977.02. The Nikkei 225 of Japan increased by 0.3% to 39,233.71.
