US stocks rebound amid economic data

Image
IANS New York
Last Updated : Apr 17 2018 | 2:55 AM IST

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

The Dow Jones Industrial Average on Monday rose 209.63 points, or 0.86 per cent, to 24,569.77. The S&P 500 increased 19.78 points, or 0.74 per cent, to 2,676.08, Xinhua news agency reported.

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

Also Read

Advance estimates of US retail and food services sales 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 Syria 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 Middle East.

--IANS

pgh/

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 17 2018 | 2:46 AM IST

Next Story