All three major US indexes lost ground in a widespread sell-off, with the tech-heavy Nasdaq posting its biggest one-day percentage loss this year
Consumer discretionary stocks, led by Amazon.com, provided the biggest lift to the S&P 500 and Nasdaq, while Walmart Inc headed up the blue-chip Dow's advance
Adding to the optimism, US job growth surged in January, pointing to underlying strength in the economy despite a darkening outlook that has left the Fed wary about more interest rate hikes this year
'It's a huge victory,' said Ocasio-Cortez, at 29 the youngest member of Congress and a self-described socialist -- a word that shocks conservatives, who brandish it as a dire threat
Trade-sensitive industrials stocks rose 0.85 per cent while the Philadelphia SE semiconductor index climbed 0.55 per cent
Earlier, industrial stocks had moved higher as shares of defense contractors rose after President Donald Trump unveiled a new US missile defense strategy
The Dow Jones Industrial Average rose 155.75 point
Fears of a global slowdown have led to a sharp pullback in the markets over the last few months and in analysts' estimates for corporate growth
The Dow Jones Industrial Average rose 710.68 points, or 3.13 percent, to 23,396.9, the S&P 500 gained 78.06 points, or 3.19 percent, to 2,525.95
Of the 11 major sectors in the S&P 500, all but defensive real estate and utilities stocks closed in the red
(Reuters) - The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains for the first time in December following a wild few days of trading that saw equities rebound from a prolonged slide.
The S&P 500 posted no new 52-week highs and 3 new lows; the Nasdaq Composite recorded 3 new highs and 204 new lows
(Reuters) - The S&P 500 tumbled to the brink of a bear market on Monday as U.S. stocks extended their steep sell-off in a pre-holiday shortened session, with investors rattled by the U.S. Treasury secretary's convening of a crisis group and by other political developments.
The Treasury said in a statement that Mnuchin talked with the chief executives of Bank of America, Citi, Goldman Sachs, JP Morgan Chase, Morgan Stanley and Wells Fargo
People and companies are cashing in on a record boom in a once-marginal investment
Banks including Barclays Plc, Goldman Sachs Group Inc. and Bank of America Corp -- among the top providers of loans for LBOs
The three indexes are already in a correction, having fallen more than 10 per cent from their record closing highs
The benchmark S&P 500 ended on Monday at a 14-month low
The Dow Jones Industrial Average fell 446.62 points, or 1.85 percent, to 23,653.89
The Dow Jones Industrial Average fell 113.68 points, or 0.47 per cent, at the open to 23,986.83