Page 43 - Devik Jain News Today

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Gains in Tesla, Nvidia and other heavyweight technology names helped the benchmark S&P 500 index scale a record high on Tuesday, while upbeat results from UPS and GE added to optimism around the third-quarter earnings season.

The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.

* Indexes up: Dow 0.15%, S&P 0.47%, Nasdaq 0.80% (Adds comment, details; updates prices to early afternoon)

The S&P 500 hit a record high on Monday, led by Tesla and Paypal, while industrial bellwethers Caterpillar and 3M lifted the Dow to a new peak in the run-up to quarterly reports from big U.S. technology companies, whose shares struggled to gain.

* Indexes up: Dow 0.08%, S&P 0.12%, Nasdaq 0.30% (Updates to open)

The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.

The S&P 500 hit a record high on Monday, led by Tesla and Paypal, while industrial bellwethers Caterpillar and 3M lifted the Dow to a new peak in the run-up to quarterly reports from big U.S. technology companies, whose shares struggled to gain.

By Devik Jain and Shashank Nayar

U.S. stock indexes opened higher on Monday as investors geared up for earnings reports from heavyweight technology companies this week, while PayPal jumped after saying it was not interested in buying Pinterest.