India, July 6 -- Following the long Independence Day weekend, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside, with the Dow reaching a new record closing high.
The tech-heavy Nasdaq led the way higher, jumping 288.49 points or 1.1 percent to 26,121.16. The S&P 500 also advanced 54.19 points or 0.7 percent to 7,537.43, while the Dow rose 155.84 points or 0.3 percent to 53,055.91.
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