File Photo: ReutersWall Street indices were trading higher on Monday and the S&P 500 and Nasdaq hit records as a global cyberattack boosted technology stocks and a rise in oil prices lifted energy stocks. “Stronger energy prices today is certainly affecting the energy sector. Johnson & Johnson and Cisco Systems were the biggest boosts for the S&P 500 after those stocks were upgraded by prominent analysts. Shares of oil majors Exxon and Chevron helped boost the S&P energy index, which was on track to close higher after two sessions of declines. The S&P 500 posted 44 new 52-week highs and 10 new lows; the Nasdaq Composite recorded 133 new highs and 48 new lows.
Source: Mint May 15, 2017 15:58 UTC