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S&P 500 and Nasdaq Climb, Shrugging Off Geopolitical Uncertainties
The S&P 500 and Nasdaq climbed on Monday, with chipmakers and energy stocks leading a rebound as investors shrugged off geopolitical risks and assessed the outlook for U.S. monetary policy. After a subdued start on Monday, stocks picked up some momentum, with energy stocks (.SPNY) jumping 1.3% as oil prices steadied following an aborted revolt by Russian mercenaries over the weekend, which the market did not view as an immediate threat to oil supply. Technology (.SPLRCT) and real estate sectors...
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Posted: Jun 26 2023, 15:06
Author Name: vladimirribakov
Views: 081074