How major US stock indexes fared Monday, 7/24/2023

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By The Associated Press Wall Street ticked higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading Wall Street ticked higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading. The S &P 500 rose 0.4% Monday, coming off its eighth winning week in the last 10. The Dow added 183 points, or 0.5%, and the Nasdaq composite climbed 0.2%. Becton Dickinson led the S &P 500 after getting FDA clearance for one of its products. Treasury yields were relatively steady after a report suggested economic growth is slowing. Traders expect the Federal Reserve on Wednesday to raise interest rates for perhaps the final time this cycle. On Monday: The S &P 500 rose 18.30 points, or 0.4%, to 4,554.64. The Dow Jones Industrial Average rose 183.55 points, or 0.5%, to 35,411.24. The Nasdaq composite rose 26.06 points, or 0.2%, to 14,058.87. The Russell 2000 index of smaller companies rose 5.42 points, or 0.3%, to 1,965.68. For the year: The S &P 500 is up 715.14 points, or 18.6%. The Dow is up 2,263.99 points, or 6.8%. The Nasdaq is up 3,592.38 points, or 34.3%. The Russell 2000 is up 204.43 points, or 11.6%.