Largest U.S. Indices Rise Again in May: Latest Updates 28

On Monday, US stock indexes displayed a mixed conclusion after experiencing a day of tranquil trading.

The Nasdaq Composite achieved another record, rising by 0.7% as it continued its upward trend.

Meanwhile, the S&P 500 inched upwards by 0.1%, falling just short of reaching an all-time high.

In contrast, the Dow Jones Industrial Average dropped 0.5% during its first trading session following the achievement of surpassing the 40,000 level for the very first time.

The market’s positive momentum was largely driven by Norwegian Cruise Line, which reported financial forecasts that exceeded analysts’ expectations.

Treasury yields remained relatively stable throughout the day.

Additionally, Nvidia – one of Wall Street’s most influential companies – is set to announce its quarterly results later this week.

As of Monday’s close.

The S&P 500 rose by 4.86 points, or 0.1%, settling at a total of 5,308.13.

The Dow Jones Industrial Average experienced a decrease of 196.82 points, or 0.5%, finishing at a value of 39,806.77.

The Nasdaq Composite enjoyed an increase of 108.91 points, or 0.7%, reaching a total of 16,794.87.

The Russell 2000 Index, which tracks smaller companies, rose by 6.78 points, or 0.3%, to reach a value of 2,102.50.

Year-to-date figures show.

The S&P 500 has seen an increase of 538.30 points, or 11.3%, since the beginning of the year.

The Dow Jones Industrial Average has gained 2,117.23 points, or 5.6%, over the same period.

The Nasdaq Composite has enjoyed an increase of 1,783.52 points, or 11.9%, this year.

The Russell 2000 Index has seen a rise of 75.43 points, or 3.7%, so far in 2021.

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