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Post by bot on Oct 24, 2016 19:38:17 GMT -5
Stocks end higher; U.S. benchmarks close at 2-week highs
U.S. stocks finished higher on Monday, with all three of the main benchmarks closing at two week highs, thanks in part to a spate of merger announcements. The Dow Jones Industrial Average finished 77.18 points, or 0.4%, higher at 18,222.89, after rising as much as 130 points early in the session. Shares of Microsoft Corp. and Boeing Co. led the blue-chip gauge higher. The S&P 500 index advanced 10.17 points, or 0.5%, to 2,151.32, with technology and consumer staples shares posting the strongest gains. The Nasdaq Composite Index climbed 52.42 points, or 1%, to 5,309.83.
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