Wall Street rebounds, retailers rise as holiday sales pick up

Wall Street rebounds, retailers rise as holiday sales pick up

NEW YORK (Reuters) - Wall Street bounced back on Monday as bargain hunters returned in force after last week's sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers.

The Dow Jones Industrial Average <.DJI> rose 354.36 points, or 1.46 percent, to 24,640.31, the S&P 500 <.SPX> gained 40.91 points, or 1.55 percent, to 2,673.47 and the Nasdaq Composite <.IXIC> added 142.87 points, or 2.06 percent, to 7,081.85.

(Reporting by Stephen Culp; Editing by Tom Brown)

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Updated Date: Nov 27, 2018 03:05:45 IST

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