How major US stock market indexes fared on Monday quoting : "ABC News"

[nL5N1H85HH] But Chile also benefited from significant tail winds related to expectations of political change, analysts and traders said. "Expectations of a change of the policy cycle in Chile toward the center could revive investment and diminish regulatory risk in some sectors," analysts at BICE said. "The trigger (for the rise) is an improvement in long-term expectations, as a result of eventual political change likely after November's elections," said Matias Repetto, manager of trading firm BTG Pactual Chile. Mutual funds are also showing signs of returning to the local equities market, reversing a recent trend toward fixed income and external investment. A recovery in copper in 2017 and low interest rates that make fixed income investment less attractive have also contributed to the stock market boom.


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How major US stock market indexes fared on Monday
The Russell 2000 index of smaller-company stocks rose 15.94 points, or 1.2 percent, to 1,361.18. On Monday:The Standard & Poor's 500 index advanced 20.06 points, or 0.9 percent, to 2,349.01. The Russell 2000 is up 4.05 points, or 0.3 percent. The Dow Jones industrial average surged 183.67 points, or 0.9 percent, to 20,636.92. The Nasdaq composite gained 51.64 points, or 0.9 percent, to 5,856.79.


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