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Aug. 15, 2022, 3:18 p.m. EDT

U.S. stocks maintain gains headed into final stretch of trading

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By Vivien Lou Chen

All three major U.S. stock indexes were higher in the last hour of trading on Monday, reversing course from a lower open, as investors appeared to brush aside soft economic data from China. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.15% and the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.02% were up by 0.4% each, while the Nasdaq Composite /zigman2/quotes/210598365/realtime COMP -0.68% gained 0.7%. The moves expand upon the S&P 500 and Nasdaq's four straight weeks of gains. Strategists were divided, however, over whether the rally in equities could continue, with those at BlackRock saying it isn't worth chasing.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
29,926.94
-346.93 -1.15%
Volume: 320.97M
Oct. 6, 2022 5:38p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,744.52
-38.76 -1.02%
Volume: 2.22B
Oct. 6, 2022 5:38p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
11,073.31
-75.33 -0.68%
Volume: 4.48B
Oct. 6, 2022 5:16p
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