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US close: S&P 500 extends last week's wins another session

By Iain Gilbert

Date: Monday 29 Apr 2024

US close: S&P 500 extends last week's wins another session

(Sharecast News) - Wall Street stocks were in the green at the end of trading on Monday as investors braced for more corporate earnings, some key labour market data and the outcome of the Federal Reserve's two-day policy meeting.
At the close, the Dow Jones Industrial Average was up 0.38% at 38,386.09, while the S&P 500 advanced 0.32% to 5,116.17 and the Nasdaq Composite saw out the session 0.35% firmer at 15,983.08.

The Dow closed 146.43 points higher on Monday, extending gains recorded in the previous session.

Tesla shares were higher on Monday after the electric vehicle manufacturer struck a deal with China's Baidu to help it roll out its self-driving technology across the nation, while Domino's Pizza shares turned in solid gains on the back of better-than-expected quarterly earnings.

Still to come, Apple, McDonald's, Coca-Cola and Amazon will all deliver earnings before the week is out.

On the macro front, the Dallas Federal Reserve's manufacturing business index was broadly flat in April, coming in at -14.5, up from last month's -14.4 reading. The company outlook index moved up 10 points to -6.3, while the outlook uncertainty index retreated six points to 17.3.

Later in the week, the Federal Reserve will make its latest interest rate decision on Wednesday, while April's nonfarm payrolls report will be out on Friday.









Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Boeing Co. (BA) $173.49 3.75%
Apple Inc. (AAPL) $173.50 2.48%
Amgen Inc. (AMGN) $276.36 2.36%
Caterpillar Inc. (CAT) $349.80 1.87%
Walgreens Boots Alliance, Inc. (WBA) $18.02 1.81%
American Express Co. (AXP) $238.92 1.39%
Verizon Communications Inc. (VZ) $40.09 1.03%
Dow Chemical Co. (DOW) $57.80 0.89%
Goldman Sachs Group Inc. (GS) $430.81 0.76%
Salesforce.Com Inc. (CRM) $275.74 0.53%

Dow Jones - Fallers

Intel Corp. (INTC) $31.36 -1.63%
Unitedhealth Group Inc. (UNH) $489.03 -1.28%
Microsoft Corp. (MSFT) $402.25 -1.00%
Visa Inc. (V) $271.84 -0.98%
Merck & Co. Inc. (MRK) $130.12 -0.82%
Walt Disney Co. (DIS) $112.08 -0.58%
Travelers Company Inc. (TRV) $212.90 -0.26%
Cisco Systems Inc. (CSCO) $47.76 -0.22%
JP Morgan Chase & Co. (JPM) $193.28 -0.11%
Nike Inc. (NKE) $94.06 -0.06%

S&P 500 - Risers

Nektar Therapeutics (NKTR) $1.47 10.98%
Albemarle Corp. (ALB) $125.73 7.57%
International Paper Co. (IP) $35.32 4.40%
Quest Diagnostics (DGX) $139.50 3.90%
Freeport-McMoRan Inc (FCX) $52.41 3.78%
AES Corp. (AES) $17.86 3.78%
Boeing Co. (BA) $173.49 3.75%
DaVita Inc (DVA) $138.14 3.47%
Revvity, Inc. (RVTY) $105.02 3.46%
Skyworks Solutions Inc. (SWKS) $107.86 3.41%

S&P 500 - Fallers

Franklin Resources Inc. (BEN) $23.38 -6.44%
Alphabet Inc. Class A (GOOGL) $166.15 -3.37%
Alphabet Inc. Class C (GOOG) $167.90 -3.33%
Foot Locker Inc. (FL) $21.36 -2.82%
Meta Platforms Inc. (META) $432.62 -2.41%
Dollar Tree Inc (DLTR) $118.81 -2.41%
Western Digital Corp. (WDC) $69.86 -2.10%
Ross Stores Inc. (ROST) $131.02 -1.94%
TripAdvisor Inc. (TRIP) $26.99 -1.69%
T. Rowe Price Group Inc. (TROW) $112.09 -1.69%

Nasdaq 100 - Risers

Tesla Inc (TSLA) $194.05 15.31%
Baidu Inc. (BIDU) $106.16 5.61%
Sirius XM Holdings Inc (SIRI) $3.17 4.97%
Skyworks Solutions Inc. (SWKS) $107.86 3.41%
Biogen Inc (BIIB) $215.31 3.07%
Apple Inc. (AAPL) $173.50 2.48%
Amgen Inc. (AMGN) $276.36 2.36%
Mercadolibre Inc. (MELI) $1,438.36 2.30%
QUALCOMM Inc. (QCOM) $169.20 2.14%
Charter Communications Inc. (CHTR) $259.74 2.01%

Nasdaq 100 - Fallers

Alphabet Inc. Class A (GOOGL) $166.15 -3.37%
Alphabet Inc. Class C (GOOG) $167.90 -3.33%
Trip.com Group Limited (TCOM) $49.13 -2.90%
Meta Platforms Inc. (META) $432.62 -2.41%
Dollar Tree Inc (DLTR) $118.81 -2.41%
Western Digital Corp. (WDC) $69.86 -2.10%
Ross Stores Inc. (ROST) $131.02 -1.94%
Intel Corp. (INTC) $31.36 -1.63%
Qurate Retail Inc. (QRTEA) $0.89 -1.56%
JD.com, Inc. (JD) $29.90 -1.47%

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