U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Monday.
The Dow traded up 0.89% to 38,321.05 while the NASDAQ rose 0.70% to 16,288.03. The S&P 500 also rose, gaining, 0.80% to 5,164.30.
Goldman Sachs reports Q1 2024 sales of $14.21 billion, up 16% Y/Y, surpassing expectations. Global Banking & Markets sales hit $9.73 billion, while Asset & Wealth Management reached $3.79B. EPS stands at $11.58, with a 28% profit increase to $4.13 billion.
U.S. stocks may shake off geopolitical concerns on Monday and aim for a rebound after a week of weakness, as traders eagerly anticipate the upcoming earnings season.
The CNN Money Fear and Greed index remained in the "Greed" zone on Friday.
U.S. stocks closed lower on Friday amid geopolitical concerns, with the Dow Jones dipping around 475 points during the session.