Index up to 761.12 after gain of 6.75

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Monday at 761.12, up 6.75.

“U.S. stocks rallied on Monday with economically sensitive sectors and travel-related stocks soaring as investors were encouraged by some optimistic comments from a top U.S. official on the latest covid-19 variant,” said Chris Harkins, managing director at Raymond James & Associates.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.