Tech stock rally lifts US shares to record highs

Jamie McKane

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Tech stock rally lifts US shares to record highs

A technology rally drove U.S stocks to fresh records at the start of a busy week for corporate earnings, economic data and Federal Reserve speakers. Treasuries climbed.

Gains in tech outweighed losses in energy and financial companies in the S&P 500 Index. The Nasdaq-100 and the Dow Jones Industrial Average also closed at all-time highs. Citigroup Inc., the first giant U.S. bank to report results, was little changed.

[Bloomberg]
 
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