S&P 500, Nasdaq Hit Data as Magazine 7 Shares Drive the Rally

Megacap tech shares powered the foremost indexes increased as Wall Avenue continued to set data with a giant interest-rate determination looming later this week.

The Dow Jones Industrial Common rose 50 factors, or 0.1%. The S&P 500 gained 0.5%. The Nasdaq Composite rallied 0.9%.

Each the S&P and Nasdaq set contemporary intraday data and completed the day with closing highs. It’s the Nasdaq’s twenty sixth of the yr and the S&P’s twenty fifth.