30 Apr 2013

Energy and technology stocks lead rally on Wall St

2:19 pm on 30 April 2013

Wall Street extended a rally on Monday with the S&P 500 unofficially ending at an all-time high. Energy and technology stocks led the way.

In addition, better-than-expected housing data boosted market optimism and Italy formed a government after two months of uncertainty.

The Dow Jones Index closed up 106 points, or 0.7%, at 14,819.

The Nasdaq Composite is up 28 points, or 0.8%, to 3,307.

Across the Tasman, the Australian 200 Index closed on Monday up 28 points, or 0.5%, at 5,126.

The NZX 50 closed up 32 points, or 0.7%, at 4,581.

Brent crude oil was trading at $US103.66 per barrel and gold is trading at $US1469.26 per ounce.