While you were sleeping: Nasdaq climbs to record

Tue, 27 Dec 2016

By Margreet Dietz Dec. 28 (BusinessDesk) - Wall Street gained, pushing the Nasdaq to a record high, while oil prices also moved higher ahead of planned production cuts. In 12.10pm trading in New York, the Dow Jones Industrial Average added 0.1 percent, while the Nasdaq Composite Index gained 0.5 percent. In 11.54am trading, the Standard & Poor’s 500 Index rose 0.3 percent. The Nasdaq rose to a record high 5,512.37. The Dow moved higher as advances in shares of Apple and those of Cisco, recently trading 0.9 percent and 0.7 percent h...

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