Strong rise in the US stock market at the opening of the weekly sessions.
The US stocks achieved a strong rise following the opening of the session on Monday, with the benchmark indices recording the following levels at the opening:
- The S&P 500 index jumped by 0.48% to reach 5,835.76 points.
- The Nasdaq Composite index recorded an increase of about 107 points, reaching 18,625.85 points.
- The Dow Jones Industrial Average rose by 123.42 points, or about 0.74%, to settle near 42,425.70 points.
It is noteworthy that US stocks closed the end of last week with a sharp divergence among the benchmark indices, as the Dow Jones Industrial Average lost 259.96 points, closing at 42,114.40 points.
Meanwhile, the S&P 500 index settled near its previous closing level of 5,808.12 points, while the Nasdaq Composite index jumped by 0.59%, recording 20,352.02 points.