
Disney and big banks lead stocks to new all-time highs
So much for Wall Street’s bulls selling in May and going away on summer vacation. The Dow hit a new all-time high Monday, led by gains in Disney and big banks Goldman Sachs and JPMorgan Chase.
The Dow ended the day up about 126 points, or 0.4%, closing just below the 35,000 mark. The blue chips have now jumped more than 3% since the supposedly sleepy start of summer trading back in May.
The S&P 500 rose about 0.3% and the Nasdaq gained 0.2%, with both also notching fresh all-time highs. The S&P 500 and Nasdaq are each up about 5% since the beginning of May.
Disney (DIS) was the best performer in the Dow Monday, gaining more than 4% following the strong box office numbers and solid streaming revenue for Marvel’s “Black Widow” over the weekend.
For the full on click the link below to read it on CNN.
Disney and big banks lead stocks to new all-time highs – CNN
Related
More Stories
What do Elon Musk, Jeff Bezos, and Bill Gates have in common? They all have lost about $85 billion in the market this year
Tech stocks and cryptocurrencies have seen the fortunes of some of the world’s richest people take a hit over the...
Psyche 16- The asteroid worth 10 Quadrillion Dollars
If you`ve ever watched those movies about space miners flying through space to a unknown part of space and going...
Tesla is moving its headquarters to Texas
Tesla will move its headquarters from Palo Alto, California to Austin, Texas, CEO Elon Musk announced Thursday at the company's...
The White House warns congress that debt limit could cause recession if not extended
The White House on Friday warned that the failure of the US Congress to extend the debt ceiling could plunge...
Teamster union organize workers at 9 Canadian Amazon warehouses
According to interviews with union representatives, union truck drivers have launched a campaign to organize employees in at least nine...
Patriotic Bets End Of the Week Draft
Good afternoon Traders! Another week has closed and hopefully, you’re all in the green or the very least still profitable....