Dow clinches 3rd straight gain as tech, communication-services stocks support Monday climb-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Dow clinches 3rd straight gain as tech, communication-services stocks support Monday climb

Dow Jones2021-05-25

MW Dow clinches 3rd straight gain as tech, communication-services stocks support Monday climb

U.S. stock benchmarks closed solidly higher Monday, powered by a rebound in shares of technology and communication-services companies, as investors shook off concerns about out-of-control inflation to hunt for buying opportunities among assets that have been battered in the tumultuous economic recovery phase from COVID. The Dow Jones Industrial Average [: DJIA] closed up 186 points, or 0.5%, to around 34,394, marking the third straight gain for blue chips. The S&P 500 index rose 1% to 4,197, with gains in information technology, up 1.8%, and communication services, rising 1.8%, leading the charge higher for the broad-market benchmark. The tech-heavy Nasdaq Composite Index closed 1.4% higher at about 13,661. In corporate news, shares of Virgin Galactic Holdings Inc. $(SPCE)$ shot up nearly 30% after the space exploration company completed its first rocket-powered flight from New Mexico to the fringe of space in a manned shuttle.

-Mark Decambre; 415-439-6400; AskNewswires@dowjones.com

$(END)$ Dow Jones Newswires

May 24, 2021 16:08 ET (20:08 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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Erictanmx
·2021-05-25
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The Dow Jones Industrial Average [: DJIA] closed up 186 points, or 0.5%, to around 34,394, marking the third straight gain for blue chips. The S&amp;P 500 index  rose 1% to 4,197, with gains in information technology, up 1.8%, and communication services, rising 1.8%, leading the charge higher for the broad-market benchmark. The tech-heavy Nasdaq Composite Index  closed 1.4% higher at about 13,661. In corporate news, shares of <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>. <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a> shot up nearly 30% after the space exploration company completed its first rocket-powered flight from New Mexico to the fringe of space in a manned shuttle. \n</p>\n<p>\n  -Mark Decambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 24, 2021 16:08 ET (20:08 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow clinches 3rd straight gain as tech, communication-services stocks support Monday climb</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The Dow Jones Industrial Average [: DJIA] closed up 186 points, or 0.5%, to around 34,394, marking the third straight gain for blue chips. The S&amp;P 500 index  rose 1% to 4,197, with gains in information technology, up 1.8%, and communication services, rising 1.8%, leading the charge higher for the broad-market benchmark. The tech-heavy Nasdaq Composite Index  closed 1.4% higher at about 13,661. 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The Dow Jones Industrial Average [: DJIA] closed up 186 points, or 0.5%, to around 34,394, marking the third straight gain for blue chips. The S&amp;P 500 index  rose 1% to 4,197, with gains in information technology, up 1.8%, and communication services, rising 1.8%, leading the charge higher for the broad-market benchmark. The tech-heavy Nasdaq Composite Index  closed 1.4% higher at about 13,661. In corporate news, shares of <a href=\"https://laohu8.com/S/SPCE.WS\">Virgin Galactic Holdings Inc</a>. <a href=\"https://laohu8.com/S/SPCE\">$(SPCE)$</a> shot up nearly 30% after the space exploration company completed its first rocket-powered flight from New Mexico to the fringe of space in a manned shuttle. \n</p>\n<p>\n  -Mark Decambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 24, 2021 16:08 ET (20:08 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138215947","content_text":"MW Dow clinches 3rd straight gain as tech, communication-services stocks support Monday climb\n\n\n  U.S. stock benchmarks closed solidly higher Monday, powered by a rebound in shares of technology and communication-services companies, as investors shook off concerns about out-of-control inflation to hunt for buying opportunities among assets that have been battered in the tumultuous economic recovery phase from COVID. The Dow Jones Industrial Average [: DJIA] closed up 186 points, or 0.5%, to around 34,394, marking the third straight gain for blue chips. The S&P 500 index  rose 1% to 4,197, with gains in information technology, up 1.8%, and communication services, rising 1.8%, leading the charge higher for the broad-market benchmark. The tech-heavy Nasdaq Composite Index  closed 1.4% higher at about 13,661. In corporate news, shares of Virgin Galactic Holdings Inc. $(SPCE)$ shot up nearly 30% after the space exploration company completed its first rocket-powered flight from New Mexico to the fringe of space in a manned shuttle. \n\n\n  -Mark Decambre; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  May 24, 2021 16:08 ET (20:08 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}