Markets Right Now: More record highs as US indexes gain

By The Associated Press Markets Associated Press

The latest on developments in financial markets (All times local):

Continue Reading Below

4:00 p.m.

Stocks are closing broadly higher on Wall Street, bringing more record high closes for major indexes.

Materials companies, banks and oil and gas companies posted solid gains Monday. Halliburton rose 3.7 percent.

Cybersecurity companies were also higher as companies began recovering from a global cyberattack that began last week. FireEye gained 7.5 percent and Symantec rose 3.2 percent.

The Standard & Poor's 500 index rose 11 points, or 0.5 percent, to 2,402.

Continue Reading Below

The Dow Jones industrial average gained 85 points, or 0.4 percent, to 20,981. The Nasdaq composite increased 28 points, or 0.5 percent, to 6,149.

The Russell 2000 index of small-company stocks climbed 11 points, or 0.8 percent, to 1,393.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.34 percent.

___

11:45 a.m.

Energy companies were leading stocks higher in midday trading as the price of crude oil climbed, keeping major indexes near record highs.

Transocean, a rig operator, climbed 3.8 percent Monday. Marathon Oil rose 3.7 percent.

Cybersecurity company Symantec was up 4 percent as last week's global cyberattack spread.

The Standard & Poor's 500 index rose 10 points, or 0.4 percent, to 2,401.

The Dow Jones industrial average gained 74 points, or 0.4 percent, to 20,970. The Nasdaq composite increased 22 points, or 0.4 percent, to 6,144.

Small-company stocks rose more than the rest of the market. The Russell 2000 index jumped 14 points, or 1.1 percent, to 1,397.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.34 percent.

___

9:35 a.m.

Energy companies were leading U.S. stock indexes higher in early trading as the price of crude oil climbed.

Marathon Oil jumped 4.8 percent in the first few minutes of trading Monday, the biggest gain in the Standard & Poor's 500 index. Hess rose 2.9 percent and Murphy Oil rose 2.7 percent.

Cybersecurity company Symantec was up 4.5 percent as last week's global cyberattack spread.

The S&P 500 index rose 6 points, or 0.3 percent, to 2,397.

The Dow Jones industrial average gained 53 points, or 0.3 percent, to 20,950. The Nasdaq composite edged up 13 points, or 0.2 percent, to 6,134.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.34 percent.