Technology gains drive Nasdaq composite to an all-time high - News Summed Up

Technology gains drive Nasdaq composite to an all-time high


U.S. stocks rose for the second consecutive day Monday with technology companies, retailers and household goods companies in the lead. Indexes of technology companies and smaller, more U.S.-focused companies both hit all-time highs. Major technology companies including Google's parent company, Alphabet, made solid gains. Energy companies fell as the price of oil continued to slide. The technology-heavy Nasdaq composite finished at a record high, above a mark it set March 12, while the smaller Russell 2000 surpassed a record it set last week.


Source: ABC News June 04, 2018 14:14 UTC



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