US stocks make modest gains, continuing upward trend

Published November 8, 2021 9:34 AM

By DAMIAN J. TROISE
AP Business Writer

Stocks rose in afternoon trading on Wall Street Monday, continuing an upward trend that has pushed major indexes to a series of record highs as investors review mostly solid corporate earnings. The S&P 500 rose 0.1%. The Dow Jones Industrial Average was up 0.1% and the Nasdaq added 0.2%. Small-company stocks outpaced the rest of the market. Bond yields edged higher. Tesla sank 2.9% after CEO Elon Musk said he would sell 10% of his holdings in the company based on the results of a poll he conducted on Twitter over the weekend. This week investors will get reports on inflation and earnings from Disney.

Article Topic Follows: AP National Business

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