- U.S. stocks rose after five straight sessions of declines on Monday boosted by technology stocks, however a fall in the shares of the world’s largest planemaker after a second deadly crash in just five months capped gains on the blue-chip Dow.
Helping markets gain ground was the heavyweight Dow component’s stock bouncing off its session lows, while the Dow Jones Airlines index reversed course to trade 0.34 percent higher. The S&P 500 index fell 2.2 percent last week, its biggest decline since Wall Street tumbled at the end of 2018, weighed by fears of a slowing economy after data showed U.S. job growth almost stalled in February, China’s exports fell and as the European Central Bank slashed growth forecasts for the region.All the major S&P sectors were trading higher, led by gains in the high-growth technology sector, which was up 1.81 percent.
Source: News Formal (newsformal.com)
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