THE Dow and S&P 500 ended at record highs again yesterday as more deal news raised enthusiasm for stocks, though
It was a fourth straight record closing high for the S&P 500 and a third for the Dow. The gains, though, have been moderate in most recent sessions and volume lighter than average.
The CBOE Volatility Index rebounded after falling on Friday to its lowest level since
Yesterday's merger activity prompted investors to buy some stocks.
The Dow Jones industrial average rose 18.82 points or 0.11 per cent, to 16,943.10. The S&P 500 gained 1.83 points or 0.09 per cent, to 1,951.27. The Nasdaq Composite added 14.84 points or 0.34 per cent, to 4,336.24.
The Dow set an intraday record high at 16,970.17, while the S&P 500 touched an all-time intraday high at 1,955.55.
In other deal news,
T yson Foods prevailed over
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