Wall Street posts solid gains after surge in corporate deals
Monday, 14 September 2020
Wall Street kicked off the week with a broad rally Monday, clawing back much of the stock market's losses from last week. The S&P 500 rose 1.3%, led by gains in technology, health care and financial stocks. Small company stocks were among the biggest gainers. The rally reversed a big slice of the index's 2.5% slide last week, when the S&P 500 posted its biggest weekly decline since June. Treasury yields were mostly higher. The market's strong start to the week is a reversal after a mostly downward shift in the market this month led by a sell-off in high-flying tech stocks that many analysts said was long overdue. “We’ve been due for a little bit of a pullback, and we’ve experienced...
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