United States stocks close higher after heavy weekly sell-off

E-mini NASDAQ-100 Index

US stock index futures fell ahead of Tuesday's open, pulling back from the sharp gains posted in the previous trading session.

The benchmarks, however, ended trading last session of the week on green, as Dow rose by 330 points on Friday and the S&P 500 and Nasdaq by more than 1.4%.

The S&P 500 rose 1.4 percent Monday with energy and financials as the top performing sectors.

Stocks mounted a broad rally Monday, with the Dow surging more than 400 points, as the market recovered from recent heavy losses triggered by concern over rising interest rates. The Nasdaq composite climbed 67 points, or 1 per cent, to 6,941.

Technology companies also rose. It measures the daily stock price movements of 30 large, publicly-owned USA companies. The Dow swung in a relatively narrower trading range of about 450 points on Monday.

But some market analysts warned that Monday's quick rise in stock prices may be a sign that after more than a year of market calm, volatility but not necessarily optimism had re-emerged.

Stocks got off to a fast start, as expected, with early gains nearly reaching the quantities seen in the whole of Friday's session.

But even if that's true, even if investors started getting the jitters, triggering a slight decline, something else entirely may be responsible for exacerbating the problem into a full-blown market correction.

Dutch foreign minister admits lying about Putin comments
Zijlstra's appointment in October as foreign minister had raised eyebrows in The Netherlands because of his perceived lack of diplomatic credentials.

Four security men killed in militant attack in Pakistan
At least seven people were killed on Zarghoon Road last month when a suicide bomber rammed into a parked police truck. Home Minister Mir Sarfaraz Bugti also condemned the attack and expressed deep grief over the loss of precious lives.

Lamoureux-Davidson sets Olympic record in win over Russians
Team USA is now second in Group A with a 2-0-0-0 record and a plus-7 goal differential through two games in Pyeongchang. Lamoureux-Davidson also added an assist for a three-point game and leads the team with four points in the tournament.

Wall Street climbed on Tuesday for a third straight session, buoyed by Amazon.com and Apple, while investors focused on inflation data on Wednesday that could upset the market's fragile recovery - or clear the way for additional gains.

Markets are awaiting further news on reports that the White House is about to release details of its long-awaited infrastructure plan that includes $200bn for spending on various federal projects over 10 years.

On Wednesday, traders are expected to respond to new data on inflation when the Consumer Price Index is reported.

The Dow industrials were up 279 points, or 1.2 percent, to 24,471.

Shares of 21st Century Fox added 2.2% after a report that Comcast Corp. may be looking to revive its bid to buy the company's entertainment assets. Brent crude, used to price global oils, slid $2.02, or 3.1 percent, to close at $62.79 in London. Disney agreed to buy Fox's movie and television studios and some cable and worldwide TV businesses in December for about $52.4 billion in stock.

Have You Added This Stock To Your Watch-List? The yield on the 10-year Treasury note fell to 2.85 per cent from 2.86 per cent.

By 9:54 a.m. NY time, the FTSE 100, which captures Britain's largest companies, had fallen 1.7 percent, Germany's DAX had tumbled 2.2 percent and France's CAC 40 had dropped 2.1 percent. The euro rose to $1.23 from $1.2231. Silver jumped 43 cents, or 2.7 percent, to $16.57 an ounce.

The Dow industrials were up 270 points, or 1.1 percent, to 24,461.

Related News:

Most liked

Cardi B Pregnancy Rumors Are Swirling Again & Fans Are Convinced They're True
To recap, Jenner finally announced one week ago that she's pregnant after similar rumors surfaced throughout the last few months. She teamed up the dress with a furry seafoam shrug and peep-toe Louboutins selected by stylist Kollin Carter.

Tessa Thompson to Play Famed Jewel Thief in Upcoming Film
She did this since the '50s, facing arrest several times, and even admitted to having 10 different Social Security numbers. A documentarian described her as being "as charming, sweet and lovely as she is manipulative, cunning and shrewd".

Federer to try make history in Rotterdam
Between 2013 and 2016, Federer had struggled to win even one Grand Slam title and was even written off by many. He reached the semis in the Sofia Open last week, only to suffer elimination to Bosnian qualifier Mirza Basic.

Ravens Tapped For Hall Of Fame Game
Packages range from event day offerings to four-day experiences that include a multitude of exclusive extras. Longtime Ravens linebacker Ray Lewis is part of it, as is former Bears linebacker Brian Urlacher .

Schneiderman lawsuit gives hope for victims of Weinstein horror show
The suit was filed Sunday in New York State Supreme Court, and a copy of the complain was published by The Hollywood Reporter . Mr Glasser is chief operating officer at the Weinstein Company and has been at the company for nearly a decade.

Chipotle shares jump as new chief sparks hope of quicker turnaround
Tarantino said Niccol's hiring made his team "more optimistic about the long-term fundamental outlook for Chipotle". Chipotle announced it will replace CEO Steve Ells with former Taco Bell CEO Brian Niccol effective March 5.

Windows Advanced Threat Protection coming to Windows 7 and 8.1 this summer
Users majorly reported that security standard of Windows 10 had been inspiring for their move to Windows 10. Microsoft also mentions that Defender ATP can run side by side with third-party antivirus solutions.

Oxfam sex scandal spreads to United Kingdom charity shops
Mordaunt also said no government could partner with an organization that did not "have the moral leadership to do the right thing".

Ouch! Duterte Orders Philippine Soldiers to Shoot Female Rebels in Their Vaginas
He also said Duterte's concern for women was evident in his repatriation of Filipino workers from Kuwait. According to a translation from the local media outlet Rappler, Duterte encouraged the act twice.

Walgreens In Talks To Buy AmerisourceBergen
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Mn Services Vermogensbeheer B.V. lifted its stake in shares of Walgreens Boots Alliance by 508.6% during the second quarter.

Stanley verdict spurs requires change to justice system
Throughout Sunday's rally, speaker after speaker condemned the jury selection process used in Stanley's trial. A Saskatchewan restaurant worker has been fired for posting hateful comments about Colten Boushie online.

McGirt logs tie for 26th at Pebble Beach
To move up that far in the FedExCup points and it gives me a good opportunity to finish high at the end of the year here. Potter was the last man standing, remarkable considering it was only two years ago when he couldn't stand at all.

Penn State fills 2020 schedule
The Nittany Lions have defeated Air Force three times, San Diego State once, and Utah State one time. Nevada finished the 2017 season with a 3-9 record, and San Jose State finished at 2-11.

Cuomo Budgets State Money for Early Voting
Cuomo has said the Republican-backed tax reform plan at the federal level unfairly targets highly-taxed blue states such as NY . Cuomo says he wanted to name the dog Excelsior after the state motto but was outvoted by his daughters.

It's Girl Scout Cookie time in South Jersey
Hats off to Jennifer and all the other parents out there helping their kids sell cookies on the weekend. Outside of her Girl Scout leader commitments, Jennifer Garner can still be seen on the big screen.