Markets News
Markets1 min read
Nasdaq Sets Record as US Stocks Rise on Buyout News
The Nasdaq reached a new high, while the S&P 500 moved closer to its summer record after buyout announcements lifted shares.
Key takeaways
- The Nasdaq rose 1.1% to a record on Monday.
- The S&P 500 gained 0.7%, closing within 0.3% of its summer high.
U.S. stocks rose Monday after buyout announcements helped lift the market. The Nasdaq composite gained 1.1% to a record 27,477.31.
The S&P 500 added 0.7% to 7,773.95, ending within 0.3% of its all-time high set during the summer. The Dow Jones Industrial Average rose 0.2%, while the Russell 2000 gained 0.5%.
Brent crude moved between $100 and $103 a barrel before settling a little above $100. The 10-year U.S. Treasury yield rose to 5.31%.
Topics
^IXIC^GSPC^DJIRussell 2000
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
