LIVE MARKETS-Wall Street advances with industrials, tech outperforming

Reuters
2小时前
LIVE MARKETS-Wall Street advances with industrials, tech outperforming 

S&P 500 ends up 0.25%, Dow rises 0.4%, Nasdaq adds 0.6%

Industrials lead S&P 500 sector gainers; Energy weakest group

Dollar edges down; gold dips; crude off >1%; bitcoin rallies >5.5%

US 10-Year Treasury yield edges down to ~4.09%

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WALL STREET ADVANCES WITH INDUSTRIALS, TECH OUTPERFORMING

Wall Street's three major indexes closed higher on Monday, with the S&P 500's .SPX biggest boosts coming from technology and industrials.

However the market's performance was uneven with just three of the 11 major S&P 500 industry sectors showing gains at the end of the day.

Industrials .SPLRCI led the way with a 0.87% gain. It was bolstered by rallies in a number of stocks but led by a blistering 10.2% surge in shares of Boeing BA.N after its finance chief forecast higher jet deliveries and positive free cash flow next year.

Underpinning technology's .SPLRCT 0.84% gain were chip stocks with an 8.7% jump in shares of Intel INTC.O, which hit its highest level since early April 2024 and has now advanced in six out of the last seven sessions. Other chip makers with impressive rallies included NXP Semiconductor NXPI.O, which rose almost 8%, and Microchip MCHP.O, which added 6%.

The other advancing sector was communication services .SPLRCL, which rose 0.4%.

The leading sector loser was energy .SPNY. It finished down 1.3%, which was roughly in line with a more than 1% drop in oil prices on the day.

Here is your closing snapshot:

(Sinéad Carew)

*****

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Wall Street ends higher https://fingfx.thomsonreuters.com/gfx/mkt/gdpzjmgqzpw/Pasted%20image%201764710625884.png

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