Nasdaq, S&P 500 set records on tech share surge
Weakness in financial and industrial equities leaves Dow lower
Image Credit: Bloomberg
New York: The Nasdaq and S&P 500 each finished at records Monday on the continued resurgence of technology shares, while weakness in financial and industrial equities left the Dow lower.
The tech-rich Nasdaq Composite Index led the market, winning 1.0 per cent to close the session at 14,500.51, easily topping its prior record.
The broad-based S&P 500 gained 0.2 per cent to end at 4,290.61, its third straight all-time high, while the Dow Jones Industrial Average dropped 0.4 per cent to 34,283.27.