S&P 500 rises to record territory at 4,750 to start final week of trade of the year

s&p-500-rises-to-record-territory-at-4,750-to-start-final-week-of-trade-of-the-year

U.S. stock benchmarks rose Monday, with gains in technology shares helping to establish an intraday record for the S&P 500, which could lead to its 69th record close of 2021. The S&P 500 index SPX, -0.13% was trading 0.5% higher at 4,748, and had hit an intraday day high at 4,750.35, marking the first intraday record for the broad-market index since Nov. 22. The Dow Jones Industrial Average DJIA, +0.26% rose 0.2% at 36,032, and the Nasdaq Composite Index COMP, -0.60% advanced 0.6% to trade around 15,750. Hundreds of flights were canceled across the globe over the weekend as surging COVID-19 infections triggered quarantines for airline staff. Shares of airliners, including American Airlines Group AAL, +1.63% and United Airlines Holdings UAL, +1.79% were down sharply in early trade.

Source: Marketwatch

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