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US stocks end higher with help from tech, energy

The S&P 500 posted 31 new 52-week highs and no new lows

Reuters  |  New York 

Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected US Federal Reserve rate hike later in the week. Technology stocks were back in favour with the biggest boost from Apple Inc as investors eyed a continuation of strong fundamentals in the sector. "Investors are a little exhausted from the rise of the market and making sector moves," said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey. "They're not willing to commit a ...

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First Published: Tue, December 12 2017. 04:00 IST