• News Desk

TECH SHARES AND GDP GROWTH PUSH S&P 500 TO RECORD


Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares. The benchmark index rose as much as 0.3 percent, touching an all-time high of 2,177.09, and completed its fifth straight month of gains. the Dow was dragged down by a 1.48 percent drop in McDonald's (MCD.N) and a 1.39 percent fall in Exxon (XOM.N), which reported a lower-than-expected quarterly profit.

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