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How major US stock indexes fared Monday, 9/9/2024

How major US stock indexes fared Monday, 9/9/2024

Stocks closed higher on Wall Street, ending a four-day losing streak

By The Associated Press
Published - Sep 09, 2024, 04:19 PM ET
Last Updated - Dec 16, 2024, 07:26 PM EST

Stocks closed higher on Wall Street, ending a four-day losing streak.

The S&P 500 added 1.2% Monday. The benchmark index is coming off its worst week in nearly a year and a half. The Dow Jones Industrial Average and the Nasdaq composite also rose 1.2%.

Boeing helped lead the market after reaching a tentative deal with its largest union on a new contract. Palantir Technologies and Dell Technologies rose after being named to join the S&P 500.

Yields held relatively steady in the bond market ahead of reports coming this week on inflation at both the wholesale and consumer levels.

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