US stocks rallied Monday to recover most of their sharp losses from Friday’s wipeout. The S&P 500 rose 91.93 points, or 1.5%, to 6,329.94 , following its worst day.
US stocks rallied Monday to recover most of their sharp losses from Friday’s wipeout.
Tyson Foods likewise delivered a bigger-than-expected profit for the latest quarter, and the company behind the Jimmy Dean and Hillshire Farms brands climbed 2.4%. They helped offset a 2.9% drop for Berkshire Hathaway after Warren Buffett’s company reported a drop in profit for its second quarter from a year earlier. The weakening was due in part to the falling value of its investment in Kraft Heinz.
