Tech Stocks Rally, S&P 500 Reaches New Record Closing High
WASHINGTON (dpa-AFX) - After ending the previous session little changed, stocks moved mostly higher over the course of the trading day on Thursday. The tech-heavy Nasdaq showed a particularly strong upward move, while the S&P 500 reached a new record closing high.
The major averages all closed in positive territory, although the Nasdaq outperformed its counterparts. While the Nasdaq jumped 140.47 points or 1 percent to 13,829.31, the S&P 500 rose 17.22 points or 0.4 percent to 4,097.17 and the Dow inched up 57.31 points or 0.2 percent to 33,503.57.
The advance by the Nasdaq partly reflected strength among big-name tech stocks, with Tesla (TSLA), Apple (AAPL) and Microsoft (MSFT) posting notable gains.
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Dow, S&P 500 Set New Record Closing Highs On Strong Economic Data
WASHINGTON (dpa-AFX) - Stocks showed a significant move to the upside during trading on Monday as trading resumed following the long holiday weekend. With the upward move on the day, the Dow and the S&P 500 reached new record closing highs.
The major averages all closed firmly in positive territory. The Dow jumped 373.98 points or 1.1 percent to 33,527.19, the Nasdaq spiked 225.49 points or 1.7 percent to 13,705.59 and the S&P 500 surged up 58.04 points or 1.4 percent to 4,077.91.
The rally on Wall Street came as traders finally had an opportunity to react to the monthly jobs report, which was released while the markets were closed on Friday.
U.S. Stocks Remain Mostly Positive, S&P 500 Hovering Above 4,000
WASHINGTON (dpa-AFX) - Stocks are mostly positive in mid-day trading on Thursday, with technology stocks holding on to strong gains after an early rally. With the upward move on the day, the S&P 500 has reached a new record intraday high above 4,000.
After underperforming earlier in the session, the Dow has recently joined the Nasdaq and S&P 500 firmly in positive territory. The Dow is up 161.08 points or 0.5 percent at 33,142.63, the Nasdaq is up 199.68 points or 1.5 percent at 13,446.55 and the S&P 500 is up 37.47 points or 0.9 percent at 4,010.36.
The extended rally by technology stocks, as reflected by the jump by the tech-heavy Nasdaq, is partly in reaction to upbeat news out of the semiconductor sector.
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