U.S. stocks rose at the start of Monday’s trade to kick off the first trading day of August, with wrangling in Washington over another round of coronavirus stimulus supporting some appetite for large-capitalization technology stocks that have been viewed as more resilient to the economic effects of the COVID-19 pandemic.
How are equity benchmarks performing?
The Dow Jones Industrial Average DJIA, 0.92% climbed 212 points, or 0.8%, to 26,639. The S&P 500 SPX, 0.76% rose 25 points, or 0.8%, to 3,296. The Nasdaq Composite COMP, 1.40% gained 147 points, or 1.4%, to 10,892, setting a new intraday record at 10,905.40.
