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July 16, 2019

S&P 500 notches another record high

By STAN CHOE and DAMIAN J. TROISE
AP Business Writers

NEW YORK — A wobbly day of trading ended with meager gains for U.S. stock indexes on Monday, enough to nudge them further into record territory, as the curtain rose on what's expected to be the weakest earnings reporting season in years.

Financial stocks fell even though Citigroup said it made more money last quarter than analysts expected. Energy stocks were also weak, but gains for technology and health care stocks helped tip the S&P 500 and other indexes past the highs set on Friday.


 
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