Record highs for S&P, Nasdaq on U.S.-Mexico trade deal

Record highs for S&P, Nasdaq on U.S.-Mexico trade deal

NEW YORK (Reuters) - A broad-based rally pushed U.S. stocks higher on Monday, with the S&P 500 and the Nasdaq closing at record highs for the second consecutive session as investor sentiment was buoyed by a trade agreement reached between the United States and Mexico.

The Dow Jones Industrial Average <.DJI> rose 259.29 points, or 1.01 percent, to 26,049.64, the S&P 500 <.SPX> gained 22.05 points, or 0.77 percent, to 2,896.74 and the Nasdaq Composite <.IXIC> added 71.92 points, or 0.91 percent, to 8,017.90.

(Reporting by Stephen Culp; Editing by Lisa Shumaker)

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Updated Date: Aug 28, 2018 02:05 AM

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