NEW YORK, June 21 (Xinhua) — U.S. shares surged on Monday, buoyed by total energy within the vitality sector.
The Dow Jones Industrial Common elevated 586.89 factors, or 1.76 p.c, to 33,876.97. The S&P 500 rose 58.34 factors, or 1.40 p.c, to 4,224.79. The Nasdaq Composite Index was up 111.10 factors, or 0.79 p.c, to 14,141.48.
All of the 11 major S&P 500 sectors led to inexperienced, with vitality up 4.29 p.c, main the positive aspects.
U.S.-listed Chinese language firms traded roughly flat with 5 of the highest 10 shares by weight within the S&P U.S. Listed China 50 index ending the day on an upbeat observe.
The above market reactions adopted a downbeat week on Wall Avenue as traders assessed the Federal Reserve’s coverage stance, whereas digesting the most recent financial knowledge.
For the week ending Friday, the Dow slid 3.5 p.c, the S&P 500 decreased 1.9 p.c and the Nasdaq misplaced 0.3 p.c.