Here’s What Happened to the Stock Market on Monday
The Dow climbed 580.25 points, or 2.32%, to close at 25,595.80. The S&P 500 rose 1.47% to 3,053.24. The Nasdaq Composite advanced 1.20% to 9,874.15. Sharp gains from Boeing and Apple led the way for stocks while traders shrugged off recent coronavirus dat.
Boeing shares jumped 14.40% as certification flights for the 737 Max began Monday. The test is seen by investors as a critical step in Boeing’s worst-ever corporate crisis, which began in March 2019 after two crashes in five months killed 346 people. Apple was also among the biggest contributors of gains on the Dow, climbing 2.30%.a. Read more…………..
<h2>Chart Of The Day</h2> <p><iframe src="https://koyfin.com/share/4Z5fwqsfxf/simple" width="560" height="315" frameborder="0"></iframe></p> <h2>ICARUS TV</h2> <p>It appears the Nasdaq 500 has fully recovered and is at an all time time high. The Nasdaq 500 is trading towards the upper limit of previous resistance. Will the Nasdaq 500 continue to climb or correct itself to previous support, which is is a 10,000 tick bearish move. </p>https://youtu.be/Z1GHiRil9xs