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The Dow Rises By More Than 400 Points

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)

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