Nasdaq Gains 1.1% as Oil Prices and Treasury Yields Fall
Updated
Updated · Quartz · Sep 21
Nasdaq Gains 1.1% as Oil Prices and Treasury Yields Fall
3 articles · Updated · Quartz · Sep 21
Summary
U.S. stocks opened higher Monday, with the S&P 500 up 0.66%, the Nasdaq rising 1.1% and the Dow adding about 99 points, or 0.19%.
Falling oil prices and easing Treasury yields lifted sentiment, giving equities relief after pressure from higher energy costs and borrowing rates.
The rebound followed a week in which most major U.S. indexes finished in the red, suggesting investors were looking for signs that market headwinds were easing.