U.S. equities closed higher on Monday, unfazed by a key vote in Italy which led to Prime Minister Matteo Renzi’s resignation, as financials , technology and consumer discretionary stocks rose around 1 percent. The Dow Jones industrial average gained around 45 points, notching record highs on an intraday and closing basis, with Goldman Sachs contributing the most gains. The S&P 500 advanced 0.58 percent, with financials, information technology and consumer
discretionary leading advancers. The Nasdaq composite outperformed, closing 1 percent higher. Stocks have been on a rip-roaring rally since the U.S. election, with the three large-cap indexes rising more than 2 percent. “I think we’ll be OK through the rest of the year,” said Tom Siomades, head of Hartford Funds Investment Consulting Group. “There really isn’t that much to wrap your hands around through the rest of the year.” READ MORE
