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News

Markets Rise To Start The Trading Week

Author: Henry Khederian | May 23, 2022 03:45pm

U.S. indices finished Monday's trading session higher as stocks rebounded following Friday's weakness. Federal Reserve policy tightening, inflation and economic concerns have weighed on stocks across sectors this year.

  • The Nasdaq composite finished higher by 1.68% to 12,034; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 1.66% to $293.48.

  • The S&P 500 traded higher by 1.86% to 3,973; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 1.89% to $396.95

  • The Dow Jones composite finished higher by 1.89% to 10,853; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished higher by 2.05% at $318.82.

Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.

Ross Stores, Inc. (NASDAQ:ROST), Deere & Company (NYSE:DE) and Citigroup Inc (NYSE:C) were among the top gainers.

Autodesk, Inc. (NASDAQ:ADSK), Caesars Entertainment Inc (NASDAQ:CZR) and Broadcom Inc (NASDAQ:AVGO) were among the top losers.

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Posted In: ADSK AVGO C CURE CZR DE DIA QQQ ROST SPY

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