Thornburg Investment Management Portfolio Manager Sean Sun in The Wall Street Journal

Stocks Recover as Dow Hits New Record

 

Data showing slowdown in Chinese growth had dragged down share benchmarks in morning trading

U.S. stocks finished mostly higher Monday and oil prices fell after data showed a slowdown in China’s economy.

The S&P 500 reached its 49th record close of the year by gaining 11.71 points, or 0.3%, to 4479.71 after being in the negative territory most of the day, the largest comeback since late March, according to Dow Jones Market Data.

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