S&P 500 Hits Record High as Micron Jumps 5% and Oil Tops $97

5 articles · Updated · CNBC · May 10

The S&P 500 rose 0.3% to a fresh record high on Monday, while the Nasdaq added 0.2% and the Dow was little changed.
Micron climbed 5% and Nvidia gained 3%, extending a tech-led rally that investors said outweighed concern over higher energy prices.
WTI crude rose 2% above $97 a barrel and Brent gained 2% above $103 after Trump rejected Iran's latest proposal to end the monthslong war.
Last week’s momentum carried into the session: the S&P 500 and Nasdaq posted sixth straight weekly gains and both closed Friday at all-time highs.

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