Stock Markets Launch on Virgin Galactic Hopes; Uber Wins in London
September's been a lousy month for the stock market, but market participants seemed ready for a little sunshine on Monday morning. Investors have hoped that Washington would be able to put together another stimulus package to help support the U.S. economy, and favorable comments over the weekend seemed to open the door to further negotiations despite the contentious mood on Capitol Hill.
Just before 11 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 433 points to 27,607. The S&P 500 (SNPINDEX: ^GSPC) had jumped 43 points to 3,342, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by 124 points to 11,038.
Some companies don't get much attention before they get off the ground, but for space tourism hopeful Virgin Galactic Holdings (NYSE: SPCE), stock analysts have taken a close look at the opportunity the company has to launch higher. Meanwhile, Uber Technologies (NYSE: UBER) scored a big win in London, and shareholders are excited about what that means for the ride-hailing giant.
Source Fool.com
