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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

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S&P CDNX1001.52-9.58
DJIA16563.30-317.06
Nasdaq4369.773-93.129
S&P 5001930.67-39.40
CDN Dollar0.9170-0.0001
Gold1310.00+6.70
Oil97.68-2.59
Lumber326.30+4.00
Natural Gas3.73-0.017

 
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Pacific Safety0.18-0.005
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Copper Mountain Mining2.75-0.08
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Mission Ready Services0.150.00

 





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