Disney and big banks lead stocks to new all-time highs
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By Paul R. La Monica, CNN Business
So much for Wall Street’s bulls selling in May and going away on summer vacation. The Dow hit a new all-time high Monday, led by gains in Disney and big banks Goldman Sachs and JPMorgan Chase.
The Dow ended the day up about 126 points, or 0.4%, closing just below the 35,000 mark. The blue chips have now jumped more than 3% since the supposedly sleepy start of summer trading back in May.
The S&P 500 rose about 0.3% and the Nasdaq gained 0.2%, with both also notching fresh all-time highs. The S&P 500 and Nasdaq are each up about 5% since the beginning of May.
Disney and big banks lead stocks to new all-time highs
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Disney and big banks lead stocks to new all-time highs
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