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Major U.S. indexes rose on Monday, reversing much of the previous session's decline, as China's steps to stimulate its slowing economy and as earnings lured money back into equities.
China's central bank on Sunday reduced the amount of cash that banks must hold as reserves in a move to help spur bank lending and combat slowing growth.
Almost all of the Dow stocks are trading in positive area (28 of 30). Top looser - American Express Company (AXP,-0.30%). Top gainer -Microsoft Corporation (MSFT, +2.84%).
S&P index sectors are moving up. Top gainer - Utilities (+1.5%).
At the moment:
Dow 17973.00 +203.00 +1.14%
S&P 500 2095.00 +19.50 +0.94%
Nasdaq 100 4404.25 +55.25 +1.27%
10-year yield 1.88% +0.03
Oil 57.87 +0.55 +0.96%
Gold 1194.10 -9.00 -0.75%
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