The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining and as investors mostly brushed aside concerns about the U.S. Justice Department’s criminal investigation of Federal Reserve Chair Jerome Powell.
Shares of Walmart (WMT.O), opens new tab climbed 3%, boosting to the S&P 500 and the Nasdaq, where the retail giant moved its stock listing last month from the NYSE. Consumer staples (.SPLRCS), opens new tab rose 1.4% and led sector gainers, while technology (.SPLRCT), opens new tab also increased.