Dow ends up 240 points after staging huge reversal; Nasdaq jumps 1.3%

25 April 2022

All three major U.S. stock benchmarks closed higher Monday, recovering from losses earlier in the trading session, as Treasury yields fell and investors appeared to shrug off concerns over China’s Covid-19 lockdown. The Nasdaq Composite COMP, +1.29% led the way higher with a 1.3% gain, followed by the Dow Jones Industrial Average, which finished up 0.7%, according to preliminary FactSet data.