Categories: Stock Market

Wall Street today: Dow Jones, S&P 500, Nasdaq rebound; Apple climbs

Wall Street stocks opened higher on Monday, rebounding from a sharp selloff in the previous week.

At the opening bell, the Dow Jones Industrial Average rose 65.1 points, or 0.15%, to 43,493.12. The S&P 500 rose 13.6 points, or 0.23%, to 6,026.69​, while the Nasdaq Composite rose 66.8 points, or 0.34%, to 19,590.846.

Apple shares climbed 0.68% after the iPhone maker announced a $500 billion investment plan.

Oil prices were steady on Monday as investors awaited clarity on talks to end the war in Ukraine.

Brent futures were down 6 cents, or 0.1%, at $74.37 barrel by 1302 GMT while US West Texas Intermediate crude futures declined by 14 cents, or 0.2%, to $70.26.

Gold prices edged higher on Monday to trade near their record peak, helped by a weaker US dollar.

Spot gold rose 0.4 per cent to $2,947 an ounce as of 1211 GMT. US gold futures added 0.3 per cent to $2,961.80.

Spot silver eased 0.3 per cent to $32.45 an ounce.

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