Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

US open: Strong start to holiday-shortened trading week

(Sharecast News) - Wall Street stocks were in the green early on Monday as the holiday-shortened trading week got underway. As of 1505 GMT, the Dow Jones Industrial Average was up 0.99% at 44,736.31, while the S&P 500 advanced 0.54% to 6,001.86 and the Nasdaq Composite came out the gate 0.44% firmer at 19,086.66.

The Dow opened 439.80 points higher on Monday, extending gains recorded in the previous session.

Stocks traded higher as sentiment got a boost from news that president-elect Donald Trump has tapped hedge fund manager Scott Bessent to take over as Treasury secretary, in line with the view that the new administration will zero in on boosting economic growth and cutting costs. The yield on the benchmark 10-year Treasury note fell to 4.301%, while its two-year counterpart dropped to 4.313%.

US markets will be closed on Thursday in observance of the Thanksgiving break and will also shut up shop early on Friday

On the macro front, the Chicago Federal Reserve's national activity index decreased to -0.40 in October, down from 0.27 in September and missing forecasts for a drop to -0.20. October's reading marked the lowest print in nine months.

In the corporate space, Macy's, Nordstrom, Best Buy, and Dell Technologies will all report earnings before the end of the week.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Walgreens Boots Alliance, Inc. (WBA) $8.94 6.24% Intel Corp. (INTC) $25.41 3.38% Amgen Inc. (AMGN) $296.58 1.85% Cisco Systems Inc. (CSCO) $58.71 1.36% Apple Inc. (AAPL) $232.68 1.24% Microsoft Corp. (MSFT) $418.30 0.87% JP Morgan Chase & Co. (JPM) $247.77 0.00% American Express Co. (AXP) $296.71 0.00% Procter & Gamble Co. (PG) $176.36 0.00% Dow Chemical Co. (DOW) $45.26 0.00%

Dow Jones - Fallers

American Express Co. (AXP) $296.71 0.00% Unitedhealth Group Inc. (UNH) $594.63 0.00% Coca-Cola Co. (KO) $63.99 0.00% Procter & Gamble Co. (PG) $176.36 0.00% Dow Chemical Co. (DOW) $45.26 0.00% Visa Inc. (V) $309.89 0.00% Merck & Co. Inc. (MRK) $101.24 0.00% International Business Machines Corporation (CDI) (IBM) $223.65 0.00% Verizon Communications Inc. (VZ) $42.97 0.00% JP Morgan Chase & Co. (JPM) $247.77 0.00%

S&P 500 - Risers

Walgreens Boots Alliance, Inc. (WBA) $8.94 6.24% Zions Bancorporation (ZION) $62.56 5.51% American Airlines Group (AAL) $14.93 4.92% Microchip Technology Inc. (MCHP) $68.74 4.60% United Airlines Holdings Inc (UAL) $97.15 4.58% Ipg Photonics Corp. (IPGP) $79.42 4.53% TripAdvisor Inc. (TRIP) $14.26 3.89% Brighthouse Financial, Inc. (BHF) $52.63 3.77% Mattel Inc. (MAT) $19.17 3.65% LKQ Corporation (LKQ) $39.75 3.55%

S&P 500 - Fallers

Nvidia Corp. (NVDA) $138.55 -4.76% NetApp Inc. (NTAP) $124.23 -3.19% VeriSign Inc. (VRSN) $182.79 -1.72% Netflix Inc. (NFLX) $887.81 -0.95% Intuitive Surgical Inc. (ISRG) $546.42 -0.94% News Corp Class A (NWSA) $29.43 -0.89% Regency Centers Corp. (REG) $74.11 -0.71% Fortinet Inc. (FTNT) $93.19 -0.70% News Corp Class B (NWS) $32.06 -0.68% Jack Henry & Associates Inc. (JKHY) $172.82 -0.45%

Nasdaq 100 - Risers

Qurate Retail Inc. (QRTEA) $0.41 8.15% Walgreens Boots Alliance, Inc. (WBA) $8.94 6.24% American Airlines Group (AAL) $14.93 4.92% Microchip Technology Inc. (MCHP) $68.74 4.60% Mercadolibre Inc. (MELI) $2,054.98 4.55% Tesla Inc (TSLA) $355.01 4.15% Intel Corp. (INTC) $25.41 3.38% J.B. Hunt Transport Services Inc. (JBHT) $188.62 3.21% Incyte Corp. (INCY) $73.15 3.21% Western Digital Corp. (WDC) $68.34 2.96%

Nasdaq 100 - Fallers

Nvidia Corp. (NVDA) $138.55 -4.76% JD.com, Inc. (JD) $34.44 -1.99% NetEase Inc. Ads (NTES) $86.08 -1.94% Netflix Inc. (NFLX) $887.81 -0.95% Intuitive Surgical Inc. (ISRG) $546.42 -0.94% Applied Materials Inc. (AMAT) $174.55 -0.44% Costco Wholesale Corp. (COST) $965.76 -0.35% Lam Research Corp. (LRCX) $72.85 -0.21% Automatic Data Processing Inc. (ADP) $305.65 -0.20% Intuit Inc. (INTU) $648.64 -0.12%

Share this article

Related Sharecast Articles

Europe midday: Shares pare losses as investors digest China tariff move
(Sharecast News) - European stocks pared losses as investors digested China's retaliatory moves against US tariffs and the 30-day pause on levies against Canada and Mexico.
US pre-open: Futures slightly lower as tariff headlines remain in focus
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as the effects of the new White House administration's tariffs on a number of its closest trading partners continued to be seen.
Asia report: Markets bounce back from Trump tariff sell-off
(Sharecast News) - Asia-Pacific markets advanced on Tuesday as investor sentiment improved following Donald Trump's decision to pause tariffs on Mexico and Canada for a month.
London open: FTSE falls again as China retaliates against US
(Sharecast News) - London stocks were lower again in early trade on Tuesday following heavy losses a day earlier, after China announced retaliatory tariffs on a range of US imports.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.