Nasdaq hits all-time high as stocks rise on strong US economy

Bessemer Trust. chief investment strategist Holly MacDonald says the strength of the US economy offsets negative risks on the world stage.. Stocks on Wall Street continued to rise on the latest sign of a strong domestic economy that overshadowed international trade tensions.

A big bounce on Friday followed an upbeat US employment report. Meanwhile, the political situation eased in Italy and markets rose in Europe and elsewhere.

At the close, the Dow Jones Industrial Average was up 178.68 points, or 0.7%, to 24,813.89. The S&P 500 gained 0.45% 2746.90. The Nasdaq Composite added 0.7% to 7606.46, breaking through its March 12 […]

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