U.S. equities closed at record highs on Friday, driven by technology stocks, with major indexes posting strong monthly gains despite crude oil slipping.
The Nasdaq rose 0.2%, the S&P 500 gained 0.22%, and the Dow increased 0.72%, with all hitting intraday highs.
Dell Technologies surged nearly 33% after strong earnings and optimistic guidance.
Micron and Qualcomm shares rose 5% and 3%, respectively, benefiting from recent significant gains Micron up nearly 88% and Qualcomm close to 40% in May.
The Technology Select Sector SPDR Fund (XLK) reached a new 52 week high, climbing nearly 20% in May.
Source (CNBC)
