Tech stocks drove U. S. markets higher on Monday, as gold futures traded at a record high.
July 27 (UPI) — Major U. S. markets rose on Monday behind strong performances by tech stocks, while gold prices hit a record high, signaling concern from investors.
The Dow Jones Industrial Average ended the day up 114.88 points, or 0.43%, while the S&P 500 rose 0.74% and the Nasdaq Composite gained 1.67%.
Markets were driven higher as Netflix stock jumped 3.16%, Apple rose 2.37%, Amazon gained 1.54%, Alphabet increased 1.41% and Facebook was up 1.21%.
Moderna stock also rose 9.15% as the drugmaker began a 30,000-patient, third-stage clinical trial for its COVID-19 vaccine candidate after receiving an additional $472 million from the U.
