S&P 500 rises to new record as global stocks rally
S&P 500 rises to new record as global stocks rally
New York - Arab Today
The S&P 500 surged to a record Monday, joining a global equity rally as Wall Street brushed aside worries about the global economy and awaited second-quarter company earnings.
At the closing bell, the broad-based S&P 500 stood at 2,136.94, up about six points from the prior all-time closing peak set in May 2015.
The Dow Jones Industrial Average rose 0.4 percent to 18.223.52, while the tech-rich Nasdaq Composite Index gained 0.6 percent at 4,988.64.
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