Wall Street began the week with a broad rally Monday, clawing back much of the stock market’s losses from last week. The S&P 500 gained by 1.3 percent, led by gains in technology, health care and financial stocks. The rally reversed a big slice of the index’s 2.5 percent slide last week, when the S&P 500 posted its biggest weekly decline since June. “We still have a positive outlook into the end of the year, but we believe market chop will be the norm.”The S&P 500 gained by 42.57 points at 3,383.54. The Nasdaq, which includes many tech stocks, picked up 203.11 points, or 1.9 percent, at 11,056.65.

Source: The Standard September 14, 2020 20:37 UTC