NEW YORK — Global stocks are rising Monday morning as big technology and retail stocks in the U.S. recover some of their recent losses on the first full trading day of the holiday shopping season. Indexes in Europe and Asia are also higher. London’s main stock index is rising after the British government and the European Union agreed to terms governing Britain’s departure from the EU in March, but it’s not clear if Parliament will approve the deal. Crude oil prices are rising after plunging by about one-third since early October. KEEPING SCORE: The S&P 500 index climbed 37 points, or 1.4 percent, to 2,670 as of 10 a.m. Eastern time. On Friday the S&P 500 closed 10.2 percent beneath the record high it had set in late September. That’s the second time this year the index has dropped 10 percent from a recent peak, a mark known on Wall Street as a “correction.” The Dow Jones Industrial Average gained 369 points, or 1.5 percent, to 24,655. The Nasdaq composite rose 120 points, or 1.7 percent, to 7,059. The Russell 2000 index of smaller-company stocks added 18 points, or 1.3 percent, to 1,507. The Nasdaq and Russell have both entered… Read full this story
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