Technology companies and banks helped power stocks on Wall Street broadly higher Monday, extending the market’s gains of the last two weeks. The latest gains nudged the S&P 500 above 3,000 points for the first time in a month. AdvertisementThe S&P 500 index rose 20.52 points, or 0.7%, to 3,006.72. The Russell 2000 index of smaller stocks did much better than other indices in another sign of investors’ confidence. Analysts came into this latest earnings season expecting profits to decline overall for companies in the S&P 500.
Source: Los Angeles Times October 21, 2019 18:13 UTC