Nike Climbs On Strong Outlook, But This Small-Cap Is Monday's Big After-Hours Winner

The stock market had a tough day on Monday, although it finished well off its worst levels of the regular trading session. A huge spike higher in bond rates accompanied comments from Federal Reserve chair Jerome Powell concerning the potential effect of the war in Ukraine on the central bank's ability to control inflationary pressures throughout the U.S. economy. The S&P 500 (SNPINDEX: ^GSPC) managed to eliminate most of its losses by 4 p.m. ET, but the Dow Jones Industrial Average (DJINDICES: ^DJI) and Nasdaq Composite (NASDAQINDEX: ^IXIC) still suffered modest losses.

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Source Fool.com