Wall Street extended its gains made last week, pushing higher on Monday from the optimism the Trump administration's stimulus bill infused into the stock market. Market participants entered Monday's session aware of the United States's extended extended social distance guidelines until April 30, adding two more weeks to Trump's April 12 deadline. Volatility continues to grip financial markets as the pandemic takes hold around the globe, sending stocks on a rollercoaster that has yet to end.
Here's how the market settled to start the week:
S&P 500 Index
Dow Jones Industrial Average
Nasdaq Composite Index
In Major Stock News, Johnson & Johnson
In Stock Sector News, every sector posted performance gains as investors bet on the stimulus bill aiding the economy. The increases were as follows: Health Care +4.67%, Information Technology +4.23%, Consumer Staples +3.90%, Utilities +3.70%, Communication Services +3.58%, Materials +3.25%, Real Estate +2.73%, Financials +2.01%, Industrials +1.51% and Energy +1.03%.
In Commodity and Currency News, the price of oil dropped to an 18-year low on Monday as demand continues to fall amid prolonged global shutdowns. West Texas Intermediate