Thursday, November 27th1.1°C
24124
22916

Stocks climb to record levels

The Dow Jones industrial average and Standard & Poor's 500 index are closing at record highs Monday as investors regain their appetite for riskier stocks.

Twitter was one of the big gainers, rising $1.89, or 5.9 per cent, to $33.94. Facebook climbed $2.59, or 4.5 per cent, to $59.83. After beating down Internet and small company stocks for two months, investors decided that they had fallen enough.

The Dow gained 112 points, or 0.7 per cent, to 16,695. The S&P 500 rose 18 points, or 1 per cent, to 1,896, surpassing its previous all-time high of 1,890 on April 2.

The Nasdaq composite rose 71 points, or 1.8 per cent, to 4,143.

The yield on the 10-year Treasury note rose to 2.65 per cent from 2.63 per cent on Friday.

The Canadian Press

COMMENTS WELCOME

Comments on this story are pre-moderated and approval times may vary. Before they appear, comments are reviewed by moderators to ensure they meet our submission guidelines. Keep it clean, keep it civil, keep it truthful, stay on topic and be responsible. Comments are open and welcome for three days after the story is published. We reserve the right to close comments before then. Comments that appear on the site are not the opinion of Castanet, but only of the comment writer.



Read more Business News

22899


Recent Trending




Today's Market
S&P TSX15038.41-35.24
S&P CDNX771.06-9.58
DJIA17827.7512.81
Nasdaq4787.317+29.065
S&P 5002072.83+5.80
CDN Dollar0.8878-0.001
Gold1195.30-1.2999
Oil72.08-1.61
Lumber327.90-1.60
Natural Gas4.295+0.144

 
Okanagan Companies
Pacific Safety0.160.00
Knighthawk0.01-0.005
QHR Technologies Inc1.34+0.02
Cantex0.045+0.005
Anavex Life Sciences0.171-0.004
Metalex Ventures0.035+0.005
Russel Metals31.50-0.64
Copper Mountain Mining2.16+0.01
Colorado Resources0.12-0.01
ReliaBrand Inc0.0134-0.0001
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.34+0.015

 
23744


24035

FEATURED Property
2146368415-547 Yates Road
$209,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


The last great Canadian tax shelter

A guide to how flow-through fund limited partnerships can mightily aid your tax planning!The end of the year will raise concerns among many professionals, self-employed persons, business owners and ev...


What I learned in China: Part 2

As per my previous article on my visit to China, we have much to learn about and from their people. It is potentially the largest market on earth with 1.3 billion people in one country but much will d...


Retirement: Health Issues

Our health is really our greatest asset and maintaining our health is of tremendous importance. You want to do what you can to ensure that health issues will not jeopardize the enjoyment of your retir...

_



24220

24160


Member of BC Press Council


22842