India, June 30 -- Stocks moved mostly higher over the course of the trading session on Monday, adding to the strong gains posted last week. With the continued upward move, the Nasdaq and the S&P 500 once again set new record closing highs.
The major averages reached new highs late in the session before giving back some ground going into the close. The Dow advanced 275.50 points or 0.6 percent to 44,094.77, the Nasdaq climbed 96.27 points or 0.5 percent to 20,369.73 and the S&P 500 rose 31.88 points or 0.5 percent to 6,204.95.
The continued strength on Wall Street came amid ongoing optimism about trade deals ahead of the impending deadline for U.S. reciprocal tariffs early next month.
Positive sentiment was also generated in reaction to n...