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Dow, S&P 500 book records on resurgent tech sector

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The Dow industrials and the S&P 500 index on Monday closed at all-time highs, powered by a rebound in shares of technology companies, which had experienced a recent bout of weakness. The Dow Jones Industrial Average












DJIA, +0.68%










finished up 0.7% at 21,528, the S&P 500 index












SPX, +0.83%










closed up 0.8%, at 2,453, led by a a 1.6% rally in the tech-sector, the session’s best performer among the S&P 500’s 11 sectors. The tech-laden Nasdaq Composite Index












COMP, +1.42%










meanwhile, added 1.4% to close at 6,239–still about 80 points from its record close set June 8, before the sectors high-fliers, including Amazon.com Inc.












AMZN, +0.76%










and Netflix Inc.












NLFX










and others started to show signs of rising too high, too fast. Overall, the tech sector enjoyed its best daily advance in months, with the S&P 500’s tech sector booking its best daily climb since Dec. 7, 2016, while a popular way to trade the sector, the Technology Select Sector SPDR ETF












XLK, +1.48%










jumped 1.5% for its best daily gain since December, led by shares of Micron Technology Inc.












MU, +4.49%










Advanced Micro Devices Inc.












AMD, +4.28%










and NVIDIA Corp.












NVDA, +3.76%











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