The Nasdaq Composite set a record for the first time in nearly three months Monday, the latest sign that investors questioning the global growth story are funneling their money into shares of fast-growing companies. The index, which heavily weights shares of technology companies, rose 0.7% to 7606.46, topping its March 12 record of 7588.32 and snapping its longest streak without a fresh high since 2016.

Source: Wall Street Journal June 04, 2018 20:03 UTC