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Dow Jones Rallies As Nvidia Clears Entry; Cathie Wood Loads Up On This Stock Despite 28% Plunge

·1 min

The Dow Jones Industrial Average rebounded on Monday, aided by a broad rally that offset the decline in Boeing stock. Nvidia cleared a buy point while Apple and saw gains. The Ark Invest chief, Cathie Wood, purchased shares of a struggling stock. Several other stocks, including DexCom and Golub Capital, also tested entry points. The Nasdaq composite rose by 2.2%, while the S&P 500 gained 1.4%. Small caps, represented by the Russell 2000, and growth stocks, represented by the Innovator IBD 50 ETF, performed well. Treasury yields closed lower.