Markets Right Now: US indexes push to new all-time highs

NEW YORK – The latest on developments in financial markets (All times local):

4:00 p.m.

Stocks continued to push higher, setting more all-time highs for major U.S. indexes.

Bond yields climbed Monday, helping to send banks and other financial companies higher. Citigroup rose 2.3 per cent.

Apple closed at an all-time high.

In deal news, Zeltiq esthetics soared 13.2 per cent after agreeing to be acquired by Allergan, which makes Botox, for $2.5 billion.

Phone companies fell after Verizon announced an unlimited data plan.

The Standard & Poor’s 500 index rose 12 points, or 0.5 per cent, to 2,328.

The Dow Jones industrial average gained 142 points, or 0.7 per cent, to 20,412. The Nasdaq composite rose 29 points, or 0.5 per cent, to 5,763.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.43 per cent.

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11:45 a.m.

Stocks around the world continued to push higher, and U.S. indexes again hit records.

Bond yields climbed Monday, helping to send banks and other financial companies higher. Citigroup rose 2.2 per cent.

In deal news, Zeltiq esthetics soared 12.6 per cent after agreeing to be acquired by Allergan, which makes Botox, for $2.5 billion.

Phone companies fell after Verizon announced an unlimited data plan.

The Standard & Poor’s 500 index rose 9 points, or 0.4 per cent, to 2,325.

The Dow Jones industrial average gained 119 points, or 0.6 per cent, to 20,389. The Nasdaq composite rose 27 points, or 0.5 per cent, to 5,761.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.44 per cent.

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9:35 a.m.

Stocks extended their march further into record territory in early trading as banks and materials companies posted solid gains.

Steelmaker Nucor rose 4 per cent in early trading Monday, while JPMorgan Chase gained 1.3 per cent.

In deal news, Zeltiq esthetics soared 12.6 per cent after agreeing to be acquired by Allergan, which makes Botox, for $2.5 billion.

The Standard & Poor’s 500 index rose 8 points, or 0.3 per cent, to 2,323.

The Dow Jones industrial average gained 88 points, or 0.4 per cent, to 20,360. The Nasdaq composite rose 23 points, or 0.4 per cent, to 5,758.