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Stocks climb to more record highs

Posted by Haft Group on 05/16/2017
Richard Drew / Associated Press

Stocks closed broadly higher on Wall Street On Monday, bringing more record-high closes for major indexes.

Materials companies, banks and oil and gas companies posted solid gains. Halliburton rose 3.7%.

Cybersecurity companies were also higher as companies began recovering from a global cyberattack that began last week. FireEye jumped 7.5% and Symantec rose 3.2%.

The Standard & Poor’s 500 index rose 11 points, or 0.5%, to 2,402.

The Dow Jones industrial average advanced 85 points, or 0.4%, to 20,981. The Nasdaq composite increased 28 points, or 0.5%, to 6,149.

The Russell 2000 index of small-company stocks climbed 11 points, or 0.8%, to 1,393.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.34%.

Article by Associated Press. 

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