Stocks indexes bounced back from a midday slump on Wall Street to finish higher Monday, adding to the market's recent winning streak despite lingering worries about the resilience of the global economy amid surging inflation and geopolitical tensions.
Stocks indexes bounced back from a midday slump on Wall Street to finish higher Monday, adding to the market’s recent winning streak despite lingering worries about the resilience of the global economy amid surging inflation and geopolitical tensions.
Trading has remained choppy, even through the market’s recent run of gains, as investors try to gauge what’s next for inflation and the global economy as the repercussions of Russia’s invasion of Ukraine continue to play out. President Biden’s proposal for a new tax on billionaires is great for the middle and working classes.
Smaller-company stocks were little changed. The Russell 2000 index inched up 0.08 points, or less than 0.1%, to 2,078.06.
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