How Major US Stock Indexes Fared Monday Oct. 17, 2022

How Major US Stock Indexes Fared Monday Oct. 17, 2022
Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 14, 2022 in New York City. Spencer Platt/Getty Images
The Associated Press
Updated:

Stocks closed sharply higher on Wall Street, marking the latest about-face for a market that has been unsteadily lurching between gains and losses in recent weeks.

The S&P 500 jumped 2.6 percent Monday, more than recovering the ground it lost in a sell-off on Friday. The Dow added 1.9 percent and the Nasdaq climbed 3.4 percent.