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US stock indexes end at all-time highs www3.nhk.or.jp
Rising oil prices pushed up share prices in New York on Monday. All three major US stock indexes ended at all-time highs.
The Dow Jones Industrial Average gained a third of a percent to close at 18,636. Energy-related shares gained, as crude oil futures climbed to their highest level in about a month.
The tech-heavy Nasdaq rose more than half a percent. Analysts say a relatively weaker dollar is boosting a wide range of shares. The broader S&P 500 also hit a record high.
This is the second time in less than a week that the big three American indexes finished the same day at all-time highs.
But analysts doubt whether the bullish mood will continue for much longer as some data is painting a lackluster picture of the US economy. Retail sales in July were much weaker than market expectations.
Published Date:2016-08-16
