us stocks rebound as financial shares rally
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

US Stocks Rebound as Financial Shares Rally

Arab Today, arab today

Arab Today, arab today US Stocks Rebound as Financial Shares Rally

US stocks
New York - QNA

US stocks finished higher Monday, with the Dow industrials and the S&P 500 index ending a three-session losing streak as investors calibrated prospects for Federal Reserve rate increases in 2016.

    The Dow Jones Industrial Average climbed 107.59 points, or 0.6%, to 18502.99. The S&P 500 rose 11.34 points, or 0.5%, to 2180.38, its biggest gain since August 5. 

    The Nasdaq Composite added 13.41 points, or 0.3%, to 5232.33. Stock trading volume was the weakest so far this year at just below 5 billion shares, compared with the average of 6.1 billion over the past 20 days. It is expected to remain low through the week, the last of the US summer vacation season.

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