Why Are Stocks Up Today?


  • Stocks are up today alongside new retail data.
  • March retail came in higher than expected.
  • Earnings from a major bank are also helping shares rally today.
Stocks Up Today - Why Are Stocks Up Today?

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Stocks are up today and investors wondering what’s behind that rally have come to the right place as we have the latest news for Monday!

Stocks are up today as retail data came in better than expected. The data saw retail sales in March increase by 0.7%, as compared to the 0.4% increase Wall Street was expecting.

To go along with that, the retail sales data for February was revised in the latest report. This bumped it up to a 0.9% increase from the previous report of a 0.6% increase.

In addition to that is a strong earnings report from Goldman Sachs (NYSE:GS). The financial firm saw its profits rise higher during its most recent quarter. This has net income for the period sitting at $4.1 billion.

Let’s check out how all of this news is affecting the major indices below!

Stocks Up Today: Major Indices Rally

  • The S&P 500 starts us off with a 0.31% increase as of noon Monday.
  • Next we have the Dow Jones Industrial Average with a 0.39% rise as of this writing.
  • Closing us out is the Nasdaq Composite with a 0.1% gain today.

Investors who are seeking out even more of the most recent stock market stories are going to want to stick around!

We are offering up all of the hottest stock market news that traders need to know about on Monday! A few examples include what’s going on with shares of Trump Media & Technology (NASDAQ:DJT), Marinus Pharmaceuticals (NASDAQ:MRNS) and Soligenix (NASDAQ:SNGX) stock today. All of that info is ready to go at the links below!

More Monday Stock Market News

On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Article printed from InvestorPlace Media, https://investorplace.com/2024/04/why-are-stocks-up-today-april-15th/.

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