Bulletin
Investor Alert

Market Pulse Archives

Nov. 29, 2021, 4:06 p.m. EST

Dow rises over 230 points, Nasdaq rallies nearly 2% Monday, as stock market recovers a portion of Friday's omicron-led selloff

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Dow Jones Industrial Average (DJIA)
  • X
    S&P 500 Index (SPX)
  • X
    NASDAQ Composite Index (COMP)

or Cancel Already have a watchlist? Log In

By Mark Decambre

U.S. stock benchmarks on Monday staged a partial recovery from Friday's omicron-related selloff to end higher, as President Joe Biden told Americans the fight against the omicron variant of coronavirus won't involve "shutdowns or lockdowns." The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.02% closed up 0.7% to 35,136, the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.54% ended with a 1.3% gain to 4,655, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -1.40% advanced 1.9% to 15,782; but large-capitalization stocks powered the rise of the index, with the Nasdaq-100 index /zigman2/quotes/210598364/realtime NDX -1.20% climbing 2.3%. All closing levels are on a preliminary basisd. In corporate news, Twitter Inc. /zigman2/quotes/203180645/composite TWTR +0.65% co-founder Jack Dorsey on Monday announced that he was stepping down as CEO of the social-media platform effective immediately and would be succeeded by the company's chief technology officer Parag Agrawal. Dorsey also is the CEO of payment processor Square Inc. /zigman2/quotes/205989440/composite SQ -4.83% . Shares of Twitter ended down 2.7% while Square's shares gained 0.4%. Dorsey is seen as a big fan of digital currencies such as bitcoin /zigman2/quotes/31322028/realtime BTCUSD +1.60% . In economic news, pending home sales rose 7.5% in October, compared with September, the National Association of Realtors reported Monday. Economists polled by MarketWatch had projected a 0.7% increase for pending home sales in October.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,160.78
-7.31 -0.02%
Volume: 527.78M
Jan. 27, 2022 5:00p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,326.51
-23.42 -0.54%
Volume: 3.04B
Jan. 27, 2022 5:00p
loading...
/zigman2/quotes/210598365/realtime
US : Nasdaq
13,352.78
-189.34 -1.40%
Volume: 4.36M
Jan. 27, 2022 5:16p
loading...
/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
14,003.11
-169.65 -1.20%
Volume: 1.09M
Jan. 27, 2022 5:16p
loading...
/zigman2/quotes/203180645/composite
US : U.S.: NYSE
$ 33.84
+0.22 +0.65%
Volume: 16.64M
Jan. 27, 2022 4:02p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$26.88 billion
Rev. per Employee
$872,601
loading...
/zigman2/quotes/205989440/composite
US : U.S.: NYSE
$ 105.64
-5.36 -4.83%
Volume: 21.50M
Jan. 27, 2022 4:00p
P/E Ratio
100.26
Dividend Yield
N/A
Market Cap
$51.16 billion
Rev. per Employee
$3.06M
loading...
/zigman2/quotes/31322028/realtime
US : CoinDesk
36,802.86
+580.32 +1.60%
Volume: 0.00
Jan. 27, 2022 8:42p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.