US Stocks Rebound, Semiconductors Shine, Boeing’s Struggles Weigh On Dow: What’s Driving Markets Monday?
Published by
Benzinga
Benzinga
Wall Street kicked off the week on a positive note, marking a turnaround from the challenging start to the year. All major stock indices showed gains, except for the Dow Jones, as financial conditionsshowed signs of improvement. The yield on the 10-year Treasury Note dropped by 7 basis points, slipping below the 4% mark once again. Investors welcomed a widespread drop in the prices of major energy commodities, with both oil and natural gas declining by 4.5% and 2.5%, respectively, by noon in New York. The tech-heavy Nasdaq 100 saw a robust rally, surging by 1.4%. It was on track for its most i…