Retailers, airlines lift US stocks higher, extending gains
Retailers and airlines helped lift U.S. stocks broadly higher Monday, extending the market's gains from last week.
Consumer-focused companies and industrial stocks grabbed most of the gains. Banks and health care stocks also rose. Energy companies climbed along with the price of U.S. crude oil.
Technology companies lagged the broader market, weighing down the Nasdaq composite index for much of the day.
The market's latest gains, while modest, added to what has been a mostly solid summer for stocks. The S&P 500, the market's benchmark index, has posted a weekly gain in six of the past seven weeks.
On Monday, the S&P 500 rose 6.92 points, or 0.2 percent, to 2,857.05. The Dow Jones Industrial Average climbed 89.37 points, or 0.