Stock markets are rebounding Monday after January retail sales figures beat expectations.
Increases from the tech sector helped the S&P 500 jump 1.1% to 2,774.37 after a sluggish previous week. The Dow also shook off declines with a 0.3% rise to 25,516.21, and the Nasdaq surged 1.7% to 7,535.46.
The yield on a 10-year Treasury bond rose 0.7% to 2.65%.
The price of gold dipped 0.5% to $1,292.
The price of a barrel of oil increased 0.8% to $56.53.
TECHNOLOGY
Irvine-based Alteryx Inc. (NYSE: AYX) was up 4.4% to $75.17 and a $4.7 billion market cap. The data analytics software maker’s shares have nearly doubled in the past year.
RETAIL
Boot Barn Holdings Inc. (Nasdaq: BOOT) in Irvine was up 4% to $28.81 and a $816.2 million market cap. Shares of the western shoe and apparel retailer have been on a tear in 2019, climbing more than 90% since its 52-week low of $15 in December.
