7/26, 10:00 PM (Source: TeleTrader)
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Dow, S&P hit record closing highs

Major Wall Street indices finished the session on Monday with gains as investors reacted to corporate earnings reports and economic data.

The Dow Jones and the S&P 500 posted record closing highs amid investor optimism at the start of the week, which will see tech giants like Apple, Facebook and Microsoft all release their respective results. Meanwhile, Tesla was set to announce its own report shortly.

The Dow increased 0.24% to reach 35,144 points as Dow Inc. and Intel led the gains. The S&P 500 was also up 0.24% at the closing bell, hitting 4,422 points; shares of toymaker Hasbro soared over 12% after the company reported strong quarterly results. At the same time, the tech-heavy Nasdaq 100 rose 0.09% with Zoom as the top performer climbing 3.87%.

Breaking the News / JC