Stock Market Gains After Mixed Manufacturing, War In Ukraine Escalates


Source: investors.com investors.com

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The stock market gained on Monday after mixed manufacturing data for September. OPEC+ may cut production as the war in Ukraine showed no signs of easing. Oil giants Chevron (CVX) and Exxon-Mobil (XOM) led gains while Tesla (TSLA) led decliners among blue chips. X The Dow Jones Industrial Average rose 2.1%, leading major indexes. The Nasdaq composite traded 1.7% higher and the S&P 500 gained 1.8%. The small-cap Russell 2000 index outperformed the major indexes, rising 2.4%. Volume rose on the Nasdaq and the NYSE vs. the same time on Friday. The yield on the 10-year U.S. Treasury note fell...