The Dow Jones Industrial Average gained on Monday as investors began the week with more company profits and significant inflation numbers.
The blue-chip average gained 407.51 points, or 1.16%, to settle at 35,473.13. The Dow Jones Industrial Average had its best day since June 15th. Amgen’s over 4% rise aided the 30-stock index.
The S&P 500 gained 0.9% to settle at 4,518.44. The Nasdaq Composite increased 0.61% to 13,994.40, with gains limited by a roughly 1% drop in Tesla on news of CFO Zach KirKhorn’s resignation.
Source (CNBC)