Markets Right Now: Nasdaq composite sets an all-time high

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

4 p.m.

Stocks rose again on Wall Street, led by gains for technology companies, retailers and household goods makers.

The Nasdaq composite and an index measuring small-company stocks, which have both done well in recent weeks, each set all-time highs on Monday.

Google’s parent company, Alphabet, rose 1.5 per cent and Microsoft added 0.9 per cent. Facebook lagged behind.

Target, Walmart and Under Armour rallied. Energy companies fell along with the price of oil.

The S&P 500 rose 12 points, or 0.4 per cent, to 2,746.

The Dow Jones industrial average rose 178 points, or 0.7 per cent, to 24,813. The Nasdaq climbed 52 points, or 0.7 per cent, to 7,606.

The Russell 2000 index of small-company stocks also closed at an all-time high.

Bond prices fell. The yield on the 10-year Treasury rose to 2.94 per cent.

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11:45 a.m.

Stocks are rising on Wall Street as technology companies, retailers and household goods companies gain ground.

Apple rose 1.1 per cent and Google’s parent company Alphabet climbed 1.3 per cent in midday trading Monday. Facebook lagged after the New York Times reported that the company shared user data with dozens of device makers.

Health care companies are mixed as investors react to results from studies of cancer drugs at a top medical conference.

The S&P 500 index rose 9 points, or 0.4 per cent, to 2,744.

The Dow Jones industrial average rose 194 points, or 0.8 per cent, to 24,829. The Nasdaq composite climbed 27 points, or 0.4 per cent, to 7,581.

Bond prices fell. The yield on the 10-year Treasury rose to 2.92 per cent.

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9:35 a.m.

Technology companies and banks are leading stocks higher in early trading on Wall Street, building on the markets gains from last week.

Microsoft rose 1 per cent early Monday after announcing a deal to buy a popular coder site called GitHub. Goldman Sachs rose 1 per cent.

Apple rose 1.1 per cent ahead of the company’s annual developers’ conference.

The S&P 500 index rose 11 points, or 0.4 per cent, to 2,745.

The Dow Jones industrial average rose 188 points, or 0.8 per cent, to 24,822. The Nasdaq composite climbed 26 points, or 0.4 per cent, to 7,581.

Bond prices fell. The yield on the 10-year Treasury rose to 2.91 per cent.