S&P 500 Reaches a Record High For The Sixth Session

The S&P 500 index hit a record high on Monday for the sixth straight session and on the path of achieving its best performance in August in decades, as bets were placed on the economic recovery with the Fed’s continued support the index.

The S&P 500 index opened up 0.05%, 1.72 points, to 3,509.73.

The DowJones industrial index fell 10.21 points, or 0.04%, to 28,643.66 points, and the Nasdaq composite index gained 23.18 points, or 0.20%, to reach 11718.81 points.