(Reuters) - The Nasdaq Composite and the S&P 500 touched record highs in late morning trading on Monday as a rise in oil prices boosted energy stocks
and investors shrugged off the impact of a global cyber attack.
The S&P 500 was up 12.54 points, or 0.52 percent, at 2,403.44 and the Nasdaq Composite was up 30.37 points, or 0.50 percent, at 6,151.61.
Randy Frederick said that The rebound in oil prices and lack of bad news on the geopolitical front has led to a bit of a relief rally in equities,