NEW YORK : Most stocks are rising on Wall Street as markets continue to ride the high supplied by Friday’s surprisingly encouraging report on the U.S.
jobs market.The S&P 500 was up 0.3% in morning trading on Monday, bringing it back within 5.4% of its record set in February, as optimism strengthens that the worst of the coronavirus-induced recession may have already passed.
Stocks that would benefit most from an economy that's growing again were rising the most, but pullbacks for a handful of big tech stalwarts were keeping the market's overall gains in check.The Dow Jones Industrial Average was up 244 points, or 0.9%, at 27,355, as of 10:20 a.m.