S&P 500, Nasdaq close up as most megacaps move higher

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The story "S&amp;P 500, Nasdaq close up as most megacaps move higher" was covered 20 hours ago by The Straits Times, a news publisher based in Singapore.

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The Straits Times 20h ago

S&P 500, Nasdaq close up as most megacaps move higher - The Straits Times

Quick Summary:

The S&P 500 gained 0.7 per cent, to end at 5,972.23 points, while the Nasdaq Composite gained 0.98 per cent, to 19,764.89.

With megacap stocks having outsized influence on markets, their performance during a week in which many investors take time off will be even more pronounced.

Nordstrom’s shares declined after the department store chain’s founding family and Mexican retailer El Puerto de Liverpool agreed to take the company private.