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US stocks rebound amid economic data

IANS  |  New York 

US stocks traded higher in the morning session on Monday as investors digested a batch of newly-released economic reports.

The on Monday rose 209.63 points, or 0.86 per cent, to 24,569.77. The increased 19.78 points, or 0.74 per cent, to 2,676.08, reported.

The Composite Index was up 40.39 points, or 0.57 per cent, to 7,147.04.

Advance estimates of US retail and for March came in at $494.6 billion, an increase of 0.6 percent from the previous month and beating market consensus, the Commerce Department announced on Monday.

Investors also kept a close eye on the US-led strikes on over the weekend.

The US, along with its allies Britain and France, launched a surprise missile attack against Syrian military positions on Saturday, causing a flurry of mixed reactions across the

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 02:46 IST
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