Marriott International Inc.

Tech stocks drive indexes to new highs

Tech stocks drive indexes to new highs

Gains in technology companies helped lift U.S. stock indexes Monday, nudging the market once again into record territory.

The Standard & Poor's 500 index closed at an all-time high, as did the Dow Jones industrial average. The latest gain extended the Dow's winning streak to 10 days.

Traders bid up shares in microchip makers and other tech companies. Grocery chains, drugstore operators and other consumer-focused firms also helped lift the market. Energy firms declined the most as the price of crude oil fell. Banks and industrial companies also lagged.

Investors mostly focused on the latest company earnings and deal news.

“Earnings have been strong; particularly...

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