Business

Markets: Nasdaq, S&P 500 close on record as technology stocks rise

New York: Revivaling technology stocks led U.S. stocks to new records on Monday, which were better than the industry names ahead of major economic spending later in the week.

EMIRATI TODAY - Emirati News, the UAE Daily News

At the close, the technological Nasdaq Composite Index rose 14,174.14, up 0.7 percent, while the S&P 500 rose 0.2 percent to 4,255.35. Both were records. The Dow Jones industrial average fell 0.2 percent to 34,395.33.