: Dow snaps 4-day losing streak as investors await inflation data, earnings
U.S. stocks finished higher on Monday as investors look ahead to inflation data and corporate earnings later in the week. The Dow Jones Industrial Average DJIA snapped a four-day losing streak, gaining 211.37 points, or 0.6%, to 33,946.25, according to preliminary closing data from FactSet. The Nasdaq Composite COMP lagged as megacap tech largely missed out on Monday’s gains. The tech-heavy index rose 24.77 points, or 0.2%, to 13,685.48. The S&P 500 SPX rose by 10.77 points, or 0.2%, to 4,409.72, with industrial stocks emerging as the index’s best-performing sector. Small-cap stocks also saw strong gains on Monday, with the Russell 2000 RUT rising 27.56 points, or 1.5%, to 1,892.15.
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