It’s a big week on Wall Street with key earnings and economic events.
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U.S. stocks ended higher on Monday, after the Treasury Department said it expects to borrow less in the first quarter than earlier anticipated and as investors awaited a barrage of earnings.
What happened
-
The Dow Jones Industrial Average
DJIA
ended 0.6% higher to score its sixth record close in 2024, according to preliminary closing data from FactSet -
The S&P 500
SPX
finished up 0.8% to record its sixth record close this year. -
The Nasdaq Composite
COMP
closed up 1.1%.
Stocks ended Friday with a third straight weekly gain. The Dow logged its fifth record close since the end of 2023, while the S&P 500 finished a 10th of a percentage point below its all-time closing high and the Nasdaq Composite ended less than 4% from its record close set on Nov. 19, 2021.
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