Major stock indexes held gains Monday afternoon, led by technology-related shares, as investors weighed optimism over a quick recovery for the domestic economy, or V-shaped rebound, against evidence of an acceleration of COVID-19 infections in half of all U.S. states and elsewhere in the world.
How are benchmarks performing?
The Dow Jones Industrial Average DJIA, +0.23% was 167 points higher, or 0.7%, to around 26,040 but had been down by nearly 204 points at the start of Monday trade. The S&P 500 SPX, +0.28% was up 22 points, or 0.7%, to 3,119, off its intraday low at 3,079.26, and powered by a 1.9% jump in information technology SP500.45, +1.80%.
