Dow, S&P 500 Close at Record Highs

Nasdaq also closes higher
By Newser Editors and Wire Services
Posted Aug 7, 2017 3:16 PM CDT
Traders Michael Milano, left, and Daniel Leporin work on the floor of the New York Stock Exchange, Monday, Aug. 7, 2017.   (AP Photo/Richard Drew)

(Newser) – US stock indexes closed slightly higher, led by gains in technology and consumer-focused companies, the AP reports. Both the Dow Jones industrial average and the Standard & Poor's 500 index closed at record highs Monday. Apple rose 1.4%, and Walmart climbed 1%. Elsewhere, energy companies fell along with the price of crude oil. Pioneer Natural Resources gave up 4.2%. In earnings news, Tyson Foods jumped 5.7% after issuing an upbeat forecast. Medical device company NxStage Medical jumped 28.2% after it agreed to be bought by Fresenius Medical Care. The Standard & Poor's 500 index rose 4 points, or 0.2%, to 2,480. The Dow Jones industrial average climbed 25 points, or 0.1%, to 22,118. The Nasdaq composite rose 32 points, or 0.5%, to 6,383. (Read more stock market stories.)

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