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Wall Street ended Monday modestly higher in quiet trading, as investors go into the week with caution ahead of a number of major corporate results. The S&P 500 rounded off its longest rally since October.
About 4.9 billion shares were traded on U.S. exchanges on Monday according to Bloomberg, the smallest total in 2014.
-The Dow Jones Industrial Average advanced 40.71 points or 0.3% to 16445.25
-The S&P 500 Index advanced 7.04 points or 0.38% to 1871.89
The S&P 500 jumped 2.7 percent the previous week, the most since July to rebound from the previous week’s technology-led selloff, with corporate earnings from Morgan Stanley to Citigroup Inc. and Yahoo! Inc. surpassing estimates and as Federal Reserve Chair Janet Yellen reiterated the bank’s commitment to supporting the economy.
-The NASDAQ Composite advanced 26.03 points or 0.64% to 4121.55
Netflix shares jumped 3 percent in extended market trading after reporting better-than-estimated profit and subscriber growth, after gaining 0.8% to $349.40 before the market closed.
Advanced Micro Devices, Halliburton, Sketchers and Sarepta Therapeutics all rose on Monday.
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