Wall Street’s Main Indexes Rebound on Monday
Wall Street’s main indexes opened higher on Monday (Feb 24), rebounding from a sharp selloff in the previous week, while Apple edged up in choppy trading after the iPhone maker announced a US$500 billion investment plan.
Main Indexes’ Performance
The Dow Jones Industrial Average rose 65.1 points, or 0.15 per cent, at the open to 43,493.12.
The S&P 500 rose 13.6 points, or 0.23 per cent, at the open to 6,026.69, while the Nasdaq Composite rose 66.8 points, or 0.34 per cent, to 19,590.846 at the opening bell.
Conclusion
Wall Street’s main indexes rebounded on Monday, following a sharp selloff in the previous week. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rose, with Apple’s announcement of a US$500 billion investment plan contributing to the positive trading day.
FAQs
Q: What happened to Wall Street’s main indexes on Monday?
A: Wall Street’s main indexes opened higher on Monday, rebounding from a sharp selloff in the previous week.
Q: How did the Dow Jones Industrial Average perform?
A: The Dow Jones Industrial Average rose 65.1 points, or 0.15 per cent, at the open to 43,493.12.
Q: What was the impact of Apple’s announcement on the market?
A: Apple’s announcement of a US$500 billion investment plan contributed to positive trading, with the company’s stock rising in choppy trading.
Q: Which indexes rose on Monday?
A: The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all rose on Monday.
