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 Chinese economy – 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 294 points, or 1.1%, to 26,222.74. The broad S&P 500 Index of
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source https://www.ccn.com/dow-blazes-past-26000-after-chinese-data-hoodwinks-wall-street
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