Stocks jump as Dow hits new all-time high

By Around the Web

(USA TODAY) U.S. stocks were higher Monday as the Dow set a new all-time high after investors shrugged off Italy’s rejection of proposed constitutional changes and the resignation of Prime Minister Matteo Renzi.

The Dow Jones industrial average was up about 90 points, or 0.5%, and hit a record intraday high of 19,274.85. The Standard & Poor’s 500 index gained 0.7% and the Nasdaq composite index rose 1.2%.

Gains were led by technology, financials and energy stocks. Oil prices continued to rise as benchmark U.S.crude gained 0.3% to $51.84 a barrel in electronic trading on the New York Mercantile Exchange.

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