The Dow and broader U.S. stock market surged on Monday after better than expected Chinese data eased concerns about a protracted slowdown in the global economy. The preponderance of evidence still points to a weakening China – a fact that investors will still grapple with in the near future.
Dow Rockets Past 26,000; S&P 500, Nasdaq Follow
All of Wall Street’s major indexes put up huge gains at the start of the week, reflecting a strong early session for Dow futures. The Dow Jones Industrial Average surged 329.74 points, or 1.3%, to 26,258.42.