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S&P 500 Index notches new record high above 4,600

  • Wall Street's main indexes started the new week higher.
  • Energy shares post strong gains on rising crude oil prices.
  • Technology stocks underperform after the opening bell on Monday.

Major equity indexes in the US started the new week on a firm footing. At the moment, the S&P 500 is trading at a new all-time high of 4,613, rising 0.17% on a daily basis. In the meantime, the Dow Jones Industrial Average is rising 0.45% at 35,984 and the Nasdaq Composite is gaining 0.15% at 15,520.

Among the 11 major S&P 500 sectors, the Energy Index is up more than 1% fueled by a 1.8% increase witnessed in US crude oil prices. On the other hand, the Technology Index is losing 0.28% after the opening bell. 

Later in the session, the ISM Manufacturing PMI will be featured in the US economic docket. 

S&P 500 chart (daily)

United States Markit Manufacturing PMI came in at 58.4, below expectations (59.2) in October

United States Markit Manufacturing PMI came in at 58.4, below expectations (59.2) in October
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