Dow rises Monday, heads for 11th straight day of gains

On Monday, the Dow Jones Industrial Average experienced a surge, indicating its longest winning streak since February 2017, setting the stage for a busy week of significant earnings reports and a crucial policy decision from the Federal Reserve.

The 30-stock Dow climbed by 187 points or 0.54%, marking its 11th consecutive day of gains. Meanwhile, the S&P 500 saw a rise of 0.44%, and the Nasdaq Composite recorded a more modest increase of 0.16%.

Driving the gains in the S&P 500 were energy stocks, which showed a remarkable increase of over 2%, following a rise in oil and gasoline futures to a three-month high on Monday.

Notably, Chevron’s shares rose by over 2% as well, thanks to its report of preliminary second-quarter adjusted earnings on Sunday, surpassing analysts’ estimates, CNBC reported.

READ MORE: https://www.cnbc.com/2023/07/23/stock-market-today-live-updates.html

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley