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Strong Start to the Week for Wall Street

Business

0  Updated at 2:23 pm, August 18th, 2014 By: ABC Digital
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iStockphoto/Thinkstock(NEW YORK) — Wall Street began the week on a positive note, with all three major indices climbing on Monday.

The Dow Jones Industrial Average rose 175.83, to a close of 16838.74.

The Nasdaq jumped 43.38 to 4508.31, while the S&P 500 finished at 1971.73, up 16.67 from Friday’s close.

Also on Friday, Dollar General heated up a bidding war with competitor Dollar Tree in an effort to purchase the Family Dollar retail chain. Dollar General topped an offer made by Dollar Tree last month, leading the company’s stocks to climb by more than 11 percent on Monday.


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