Dow Jones today: 515-point jump as Wall Street braces for shutdown vote and Alphabet, Amazon earnings
The Dow Jones Industrial Average jumped 515.19 points, or 1.05%, closing at 49,407.66 on Monday. The S&P 500 rose 0.54% to 6,976.44, just shy of its all-time high. The Nasdaq added 0.56%, boosted by chipmakers and AI-related stocks rallying. On the downside, Walt Disney fell and energy shares lagged. Meanwhile, the VIX, a volatility gauge based on options, dropped to 16.5. “The fundamentals are good and earnings are strong,” said Tim Ghriskey of Ingalls & Snyder.