Major equity benchmarks are looking to cover lost ground after last week's selloff, the biggest such decline since March. The Dow Jones Industrial Average DJIA, +2.68% advanced 818 points, or 3.2%, to 26,582. The Nasdaq Composite COMP, +2.20% rose 2.2% to 9,940. The S&P 500 SPX, +2.44% climbed 2.
7% to 3,150. Retail sales jumped 17.7% last month, after tumbling a record 14.7% in the prior month. Investors have also noted the Federal Reserve will begin purchases of individual corporate bonds for the first time on Tuesday. And discussions of a $1 trillion infrastructure bill has also helped to buoy risk assets.
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: BusinessInsider - 🏆 729. / 51 Read more »