By Jonathan Davies

US stock markets closed at new record highs on Monday after a strong day for technology firms.

The Dow Jones closed at 17,959.4 and the S&P 500 rose 0.38%, to 2,078.5.

Intel was the big riser of the day, with share prices up 2.3%. IBM and Cisco Systems followed with 1.8% and 1.6% increases, respectively.

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