{"id":421670,"date":"2021-06-22T10:06:51","date_gmt":"2021-06-22T04:36:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=421670"},"modified":"2021-06-22T10:51:29","modified_gmt":"2021-06-22T05:21:29","slug":"bank-oil-stocks-lead-dow-higher-by-500-pts-sees-best-day-since-mid-may","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bank-oil-stocks-lead-dow-higher-by-500-pts-sees-best-day-since-mid-may\/","title":{"rendered":"Bank, oil stocks lead Dow higher by 500 pts, sees best day since mid-May"},"content":{"rendered":"<p>The S&amp;P 500 and the Dow rebounded on Monday with financials and energy shares rising, as investors piled back into stocks that are set to benefit from a broader economic recovery.<\/p>\n<p>All of the 11 S&amp;P sectors advanced in early trading, with energy, financials, industrials and materials jumping more than 1.5% each. <\/p>\n<p>The Dow Jones Transports Average, considered a barometer of economic health, jumped 1.4%, while the small-cap Russell 2000 added 1.1%.<\/p>\n<p>The broader banking index rose 1.6% after crashing to a two-month low last week.<\/p>\n<p>The Dow and the S&amp;P 500 last week suffered their worst weekly performance in months after the Federal Reserve penciled in two interest rate increases in 2023, sooner than anticipated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The S&amp;P 500 and the Dow rebounded on Monday with financials and energy shares rising, as investors piled back into stocks that are set to benefit from a broader economic recovery. All of the 11 S&amp;P sectors advanced in early trading, with energy, financials, industrials and materials jumping more than 1.5% each. The Dow Jones Transports Average, considered a barometer of economic health, jumped 1.4%, while the small-cap Russell 2000 added 1.1%. The broader banking index rose 1.6% after crashing to a two-month low last week. The Dow and the S&amp;P 500 last week suffered their worst weekly performance in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-421670","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=421670"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/421670\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=421670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=421670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=421670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}