- U.S. stocks advanced as as small-cap shares rallied, The Russell 2000 index of small-cap stocks climbed seven points, or 0.6%, to 1172 which helped extend the US indexes and investors wait on market indicators.
- The Chicago Board Options Exchange Volatility Index (VIX) climbed 3.2 percent to 11.07. The gauge, known as the VIX, fell 5.9 percent last week to 10.73, the lowest level since February 2007. Which indicates minimal risk in the market as of now.
- Later in the week, investors will are due for data on retail sales, wholesale inflation and consumer sentiment.
- Crude-oil futures gained 1.7% to $104.41 a barrel, while gold futures added 0.1% to $1,253.50 an ounce.
- Dow Jones climbed 0.11% to 16943.1, S&P 500 added 0.09% to 1951.27 and NasDaq finished green 0.34% to 4336.24.
- Overall Monday has been a quiet day as investors look for any economic data to hit the market.
‹ U.S. stocks advance due to optimistic jobs report; recovering 8.7 million jobs lost during recession
Categories: Capital Markets