Mobile stock report: Bank stocks bring the gains
U.S. stocks clawed back some of their losses from last week on Monday and the same could be said about our Mobile and Alabama Stock Report.
Overall, the S&P 500 rose 0.9% Monday to recover more than a quarter of last week’s rout. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite jumped 1.1%.
Technology stocks led the way as yields stabilized in the bond market.