Wall Street gains as investors eye rate cuts
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid
(Reuters) – The S&P 500 ended higher on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon this week.
The Dow Jones Industrial Average .DJI rose 18.38 points, or 0.07%, to 27,172.58, the S&P 500 .SPX gained 8.4 points, or 0.28%, to 2,985.01 and the Nasdaq Composite .IXIC added 57.65 points, or 0.71%, to 8,204.14.
Reporting By Noel Randewich; Editing by Susan Thomas