Monday 12 May 2014

S&P 500, Dow close at record levels

The U.S. stock market ended Monday with best gains in nearly a month that sent both the S&P 500 and the Dow Jones Industrial Average to record levels. Broad-based gains on the S&P 500 were led by technology and industrial sector stocks. The Nasdaq CompositeCOMP +1.77% gained the most in more than three months, adding 72 points, or 1.8% to 4,143.86, led by gains in momentum names. The S&P 500 SPX +0.97% rallied, gaining 18.17 points, or 1%, to 1,896.65, closing at a record level. The Dow Jones Industrial Average DJIA +0.68% closed near session highs, gaining 112.13 points, or 0.7%, to 16,695.47.

Source: Marketwatch

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