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Wall Street climbs after positive data
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Wall Street climbs after positive data
Apr 15, 2024 12:04 PM

US stock indices rose on Monday following strong retail sales data and earnings results by Goldman Sachs.

The markets are keeping a close eye on corporate earnings results, which usually start with banks, but most focus is on the tech sector.

Otherwise, earlier government data showed retail sales rose 0.7% in March m/m, beating estimates of 0.3%, and showcasing the strength of the economy.

On trading, Dow Jones rose 0.5%, or 170 points to 38,154 as of 16:04 GMT, while SP 500 rose 0.4%, or 18 points to 5141, as NASDAQ climbed 0.2%, or 23 points to 16,198.

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