Another day without any negatively dramatic news from the financial sector allowed equity markets to mostly stand their ground.
How are stock-index futures trading On Monday, the Dow Jones Industrial Average DJIA rose 195 points, or 0.6%, to 32432, the S&P 500 SPX increased 7 points, or 0.16%, to 3978, and the Nasdaq Composite COMP dropped 55 points, or 0.47%, to 11769.
‘’A relief ripple is helping stocks make some gains amid hopes that the volatility, which has wracked the banking sector, has eased off. Futures point to a slightly higher open in…the United States,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown. “Improving risk sentiment saw investors pare back their expectations of Fed rate cuts,” said Jim Reid, strategist at Deutsche Bank.
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