Editor Desk
Nov 21, 20161 min
The Dow, S&P 500 and the Nasdaq hit record intraday highs on Monday as Apple and Facebook propelled technology shares and oil prices boosted energy stocks. While all the three major indexes have rallied since the U.S. election, technology stocks had held back the S&P and Nasdaq as investors poured money into sectors such as financials, industrials and energy, which are seen benefiting from President-elect Donald Trump's policies. Oil prices jumped 4.2 percent to a near three-week high on hopes that the OPEC would agree to an output cut next week and the dollar index's .DXY first drop in 11 days.