NEW YORK (AP) – The Dow Jones Industrial Average closed at its first record high since the summer as the stock market’s rally carried into a fifth week.
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Energy and technology companies did the most to pull the market higher Monday.
Chevron rose 4.6% and chipmaker Nvidia rose 3.9%.
Under Armour slumped 18.9% after the company confirmed that its accounting practices are being investigated by federal regulators.
McDonald’s sank 2.7% after its CEO was ousted after violating company policy by having a relationship with an employee.
The S&P 500 rose 11 points, or 0.4%, to 3,078.
The Dow climbed 114 points, or 0.4%, to 27,462. The Nasdaq rose 46 points, or 0.6%, to 8,433.
Bond prices fell. The yield on the 10-year Treasury rose to 1.78%.
what goes up comes down
Lets be honest, its good. Obamas was even better at this time.
Thank you, Pres. Trump! You are the greatest thing to happen to our great country! Dem libtards are too stupid and too treasonous to appreciate you!