US stock markets rise as investors flock to tech shares

IconCryptoNewsTerminal Staff22 Aug, 2024

cryptonews.jpg

US stock markets rise as investors flock to tech shares

The three major US stock indices closed higher on Monday, as investors bought technology shares. The S&P 500 index gained 0.42%, the Nasdaq Composite index rose 0.57%, and the Dow Jones Industrial Average added 0.13%. Technology shares were the best performers on the day, with the Nasdaq 100 index gaining 0.8%. Apple, Microsoft, and Amazon all rose by more than 1%.