US stocks hit new records as earnings come in

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  • 2021-01-26 HKT 02:46″ title=”The tech-rich Nasdaq Composite Index finished at a record for the fourth straight session. Image: Shutterstock”>


    The tech-rich Nasdaq Composite Index finished at a record for the fourth straight session. Image: Shutterstock
    The tech-rich Nasdaq Composite Index finished at a record for the fourth straight session. Image: Shutterstock

Tech shares were on top again Monday as a heavy week of corporate earnings kicked off while pharmaceutical companies offered mixed news on coronavirus vaccines.

The tech-rich Nasdaq Composite Index finished at a record for the fourth straight session, gaining 0.7 percent to close at 13,635.99.

The S&P 500 rose 0.4 percent to end at 3,855.36, edging to a fresh record, while the Dow Jones Industrial Average shed 0.1 percent to 30,960.