Technology heavyweights like Tesla and Meta Platforms contributed to record gains Monday on Nasdaq although restraint was shown by investors anticipating a tapering of the Federal Reserve’s $120 billion monthly bond buying program.
Nasdaq Composite rose by 61.69 points (0.40 percent) at 15,560.08, the S&P 500 rose 1.95 points (0.04 percent) at 4,607.33 and Dow Jones Industrial Average went up 46.29 points (0.13 percent) at 35,865.85 at 12:01 p.m. ET. The upward trend is expected to sustain until the announcement.
