S&P 500 Posts Record High; Nasdaq Ends At Best Level Since Nov. 2000

This follows “a better-than-expected pending home sales report and after Italy’s new prime minister named his cabinet over the weekend, ending two months of political deadlock in the nation.”

The Dow Jones Industrial Average jumped 106.20 points to end at 14,818.75, led by Microsoft and Hewlett-Packard.

The S&P 500 climbed 11.37 points to end at 1,593.61, logging a fresh closing high and surpassing its previous record set on April 11. And the Nasdaq rallied 27.76 points to finish at 3,307.02, closing at its highest level since November 2000.

By: Cheston Catalano

Cheston Catalano is a Kentucky-based journalist whose work has been featured in the Chattanooga Times Free Press and the Clarksville Leaf Chronicle. He is a long-time contributor to Liberaland.