by Caroline Valetkevitch
(Reuters) – The New York Stock Exchange ended higher on Monday in the wake of the S&P 500 which broke a new record for the second consecutive session.
The Dow Jones index gained 0.36%, or 138.01 points, to 38,001.81 points.
The broader Standard & Poor’s 500 gained 10.62 points, or 0.22% to 4,850.43 points.
The Nasdaq Composite advanced 49.32 points (0.32%) to 15,360.286.
This week, Netflix, Tesla, Abbott Laboratories, Intel and Johnson & Johnson are scheduled to report results this week.
Several heavyweights in the technology sector such as Microsoft and Apple are due to publish their results next week.
The semiconductor index finished up 0.3% and hit a new all-time high, while Nvidia also gained 0.3% and broke a new record. The S&P 500 technology index rose 0.4%.
Investors are also awaiting this week’s reports on the Personal Consumption Expenditures (PCE) Index, S&P Global PMI figures and the anticipated fourth quarter GDP figure for clues on the bank’s next policy move American center.
( Zhifan Liu)
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