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Earnings, tech deal push S&P to record high

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Reuters NEW YORK

NEW YORK (Reuters) - Wall Street closed slightly higher on Monday to mint new record highs for both the S&P 500 and the Dow industrials, fuelled by Bank of America's better-than-expected profit and a major tech sector acquisition.

The Dow Jones industrial average <.DJI> rose 16.3 points, or 0.09 percent, to 18,532.85, the S&P 500 <.SPX> gained 5.13 points, or 0.24 percent, to 2,166.87 and the Nasdaq Composite <.IXIC> added 26.20 points, or 0.52 percent, to 5,055.78.

(Reporting by Lewis Krauskopf; Editing by Nick Zieminski)

 

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First Published: Jul 19 2016 | 1:35 AM IST

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