Nasdaq hits new intraday high for second session
Energy and airline shares see strong gains
New York — US stocks rose on Monday, with the Nasdaq hitting a record high for the second straight session, after a surprisingly upbeat jobs report last week raised bets of a swift recovery from a coronavirus-driven downturn.
If the tech-heavy index closes at an all-time high, it would confirm a bull market began on March 23, according to a widely accepted definition. The Nasdaq is the first of the Wall Street's three main bourses to bounce back from the market crash caused by the pandemic...