U.S. stocks resumed gains during the trading week that began May 27, driven by Nvidia’s strong earnings, easing concerns in the bond market and over trade uncertainty, and a rebound in consumer confidence.
The S&P 500 Index closed May 30 at 5,911, up by 1.88 percent for the week. The Dow Jones Industrial Average gained 1.6 percent to finish at 42,270. The Nasdaq rose by 2.01 percent to 19,113, while the Russell 2000 posted smaller gains.