Stocks end at all-time highs as Senate moves to end government shutdown

U.S. stock-market indexes closed at records on Monday after the Senate approved a procedural bill that would allow the government to end a multiday shutdown. The S&P 500 rose 22.67 points, or 0.8%, to 2,832.97. The tech-heavy Nasdaq Composite index advanced 71.65 points, or 1%, to 7,408.03, largely fueled by gains in biotech shares. The Dow Jones Industrial Average rose by 142.95 points, or 0.6%, to 26,214.67. All three indexes closed at record levels after setting intraday all-time highs. Among the best performers on Wall Street, shares of FirstEnergy Corp shot up 10% after the Ohio-based utility company raised $2.5 billion in a private stock offering from a group led by activist investor Elliott Management Corp. and private-equity firm Bluescape.

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From:: Stock Market News

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