Wall St. Hits Record Highs on Strong Technology, Health Stocks
- 7 years ago
Wall St. Hits Record Highs on Strong Technology, Health Stocks
NEW YORK — U. S. stocks rose on Monday, with the S&P 500
and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.
The Dow Jones Industrial Average rose 144.71 points, or 0.68 percent, to end at 21,528.99, the S&P 500 gained 20.31 points, or 0.83 percent, to 2,453.46
and the Nasdaq Composite rose 87.26 points, or 1.42 percent, to 6,239.01.
He added that a "push in M&A tends to propel the market" and
that the Amazon/Whole foods $13.7 billion deal was a "tangible sign the mergers and acquisition environment is pretty good right now."
Mark Luschini said that Investors were temporarily chased from the space
but many companies in the sector offer growth which is difficult to find in the market as a whole,
NEW YORK — U. S. stocks rose on Monday, with the S&P 500
and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.
The Dow Jones Industrial Average rose 144.71 points, or 0.68 percent, to end at 21,528.99, the S&P 500 gained 20.31 points, or 0.83 percent, to 2,453.46
and the Nasdaq Composite rose 87.26 points, or 1.42 percent, to 6,239.01.
He added that a "push in M&A tends to propel the market" and
that the Amazon/Whole foods $13.7 billion deal was a "tangible sign the mergers and acquisition environment is pretty good right now."
Mark Luschini said that Investors were temporarily chased from the space
but many companies in the sector offer growth which is difficult to find in the market as a whole,