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U.S. stocks finished higher Monday as gains in technology and banks outweighed losses in consumer goods companies and other sectors.
Energy companies also rose as the price of crude oil closed above $70 a barrel for the first time since November 2014. The latest gains added to the market’s strong finish last week.
On Monday:
The S&P 500 index rose 9.21 points, or 0.3 per cent, to 2,672.63.
The Dow Jones industrial average gained 94.81 points, or 0.4 per cent, to 24,357.32.
The Nasdaq added 55.60 points, or 0.8 per cent, to 7,265.21.
The Russell 2000 index of smaller-company stocks picked up 13.34 points, or 0.9 per cent, to 1,578.95.
For the year:
The S&P 500 is down 1 point, or 0.04 per cent.
The Dow is down 361.90 points, or 1.5 per cent.
The Nasdaq is up 361.82 points, or 5.2 per cent.
The Russell 2000 is up 43.44 points, or 2.8 per cent.
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