Gains for technology companies lead US stocks higher

Gains for technology companies lead US stocks higher

5 years ago
Anonymous $2WKDXfy9lA

https://apnews.com/9722e19f9acd4c3287daeb117bada626

NEW YORK (AP) — U.S. stocks are rising Monday morning as technology companies and banks gain ground. Some of the world's largest technology companies, including Apple and Microsoft, are leading the way, although Facebook is lagging after the New York Times reported that the social media company shared data with dozens of device makers. The company is disputing that report. Health care companies are mixed as investors react to results from studies of cancer drugs at a top medical conference.

KEEPING SCORE: The S&P 500 index climbed 12 points, or 0.4 percent, to 2,746 as of 10:02 a.m. Eastern time. The Dow Jones industrial average rose 191 points, or 0.8 percent, to 24,827. The Nasdaq composite gained 19 points, or 0.3 percent, or, 7,574. The Russell 2000 index of smaller-company stocks little changed at 1,644.