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The S&P 500 surged to a record Monday, joining a global equity rally as Wall Street brushed aside worries about the global economy and awaited second-quarter company earnings. The broad-based S&P 500 rose 0.3 percent to 2,137.16, up about six and a half points from the prior all-time closing peak set in May 2015.

The Dow Jones Industrial Average rose 0.4 percent to 18.226.93, while the tech-rich Nasdaq Composite Index increased 0.6 percent at 4,988.64. The gains on Wall Street reflected continued momentum from Friday's surprisingly strong US jobs report, which raised hopes that the American economy was strengthening.

Copyright Agence France-Presse, 2016


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