S&P, Nasdaq Close At New Highs As Wall Street Rides Bull Momentum

NEW YORK: The S&P 500 and the Nasdaq reached new record closing highs on Monday as optimism over potential medical advances in the war against the coronavirus pandemic pushed all three major U.S. stock indexes higher. The benchmark S&P 500 reclaimed its February closing high last week, confirming a bull market and the fastest recovery from a bear market trough on record. Of note, the Dow Transports index , often considered a barometer of U.S....