Business
Wall Street rolls on with another record day – Sydney Morning Herald
US stocks continued on their winning run, with the S&P 500 recording its fourth-straight record closing high.
Salesforce.com, the cloud computing company and soon-to-be Dow component, saw its shares soar following its beat-and-raise earnings report.
“Your three highest sectors are all the mega-cap tech and tech-related stocks,” said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. “So that notion of large-cap tech leading the market is in play today.”
“There’s this confidence that regardless of what happens with COVID, these companies have proven that they’re open for business.”
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