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Nasdaq Reaches New Record High as US Stocks Rise

U.S. stocks extended their gains on Monday, with the Nasdaq composite reaching a new intraday record high. The broader market also saw upward movement, building on the advances from the previous two sessions.

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03:48:26 PM UTC
SquawkNews
US markets | US stocks traded mixed on Monday, with the Nasdaq Composite climbing to a record high as technology shares lifted the index, while investors assessed US Treasury yields and the latest economic data. The Nasdaq gained more than 0.7% to touch an all-time high of 27,399.81. The S&P 500 ad…

Stocks traded mostly higher on Monday, building on gains from the previous two sessions. The latest advance pushed the tech-heavy Nasdaq to a new intraday record high. The Nasdaq and S&P 500 were both just off their highs of the session, with the S&P 500 also showing gains as the broader market extended its recent move higher.