Sunday, 6 Oct 2024

Wall Street ends higher, snapping five-day losing streak

NEW YORK (Reuters) – U.S. stocks jumped on Monday as the technology sector led a broad-based rebound after five straight sessions of losses, but the Dow’s advance was limited by a fall in Boeing shares following a fatal airline crash in Ethiopia.

The Dow Jones Industrial Average rose 200.64 points, or 0.79 percent, to 25,650.88, the S&P 500 gained 40.23 points, or 1.47 percent, to 2,783.3 and the Nasdaq Composite added 149.92 points, or 2.02 percent, to 7,558.06.

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