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Wall Street rallies ahead of a potentially turbulent week - Black News Channel

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By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are climbing Monday, kicking off a potentially turbulent stretch for markets, as Wall Street recovers some of its sharp sell-off from last week. The S&P 500 was 1.1% higher in midday trading after more companies reported stronger profits for the summer than Wall Street feared and reports on manufacturing came in better than expected. The Dow Jones Industrial Average was up 359 points, or 1.4%, at 26,860, as of 11:20 a.m. Eastern time, and the Nasdaq composite was 0.4% higher. The rally came on the heels of gains […]

The post Wall Street rallies ahead of a potentially turbulent week appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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