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Tech companies lead US stocks to new records

Tue, 21 Nov 2017 21:41:55 +0000

iStock/Thinkstock(NEW YORK) -- Technology stocks led Wall Street to new records on Tuesday.

The Dow Jones Industrial Average soared 160.50 (+0.69 percent) to finish at 23,590.83.

The Nasdaq climbed 71.76 (+1.06 percent) to close at 6,862.48, while the S&P 500 finished at 2,599.03, up 16.89 (+0.65 percent) from its open.

Crude oil prices were about 1 percent higher at $57 per barrel.

Winners and Losers:  Facebook and Apple were among the tech companies leading U.S. stocks with gains. Facebook was up 1.75 percent and Apple climbed 1.86 percent.

Tesla shares also jumped 2.94 percent as Model 3 reservation holders have reportedly started to receive invitations from the electric automaker to configure and order their cars.

Campbell Soup tumbled 8.19 percent after reporting first-quarter revenue that fell below expectations and slashing its 2018 profit outlook.

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