Nasdaq, S&P 500 Close at Records as Wall Street Turns to Tech TheStreet 5 hrs ago © TheStreet Nasdaq, S&P 500 Close at Records as Wall Street Turns to Tech
The S&P 500 and the Nasdaq on Monday closed at records in mixed trading as investors turned to technology shares and away from equities associated with the economy s reopening amid a worrying rise overseas of cases of the highly transmissible coronavirus Delta variant.
The Dow Jones Industrial Average finished down 150 points, or 0.44%, to 34,283, while the S&P 500 climbed 0.23% and the Nasdaq rose 0.98%.
Leading the top Nasdaq stocks was graphics-chip specialist Nvidia NVDA, up 5%. Three of the world s top chipmakers Broadcom , Marvell and MediaTek went against other big tech companies and blessed the graphics-chip specialist s proposed acquisition of U.K.-based Arm Holdings.
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