On Monday, Dow moved up to its highest point since June 5, 2008 and the markets ended with negligible gains, continuing the trend of tight volumes. Oil prices sky-rocketed to post a 30-month high and tech stocks weighed heavy on the broader markets. The Dow Jones Industrial Average (DJIA) gained 0.2% to end at 12,400.03, recording its highest close since June 5, 2008. The Standard & Poor 500 (S&P 500) gained 0.1% while the Nasdaq lost 0.1% to close at 1,332.87 and 2,789.19, respectively. The fear gauge, CBOE Volatility Index (VIX) rose above 17 and composite volumes on the New York Stock Exchange remained tight at a mere 3.2 billion shares. On the NYSE, advancers outpaced decliners by a ratio of 8:7. The lack of major news events was not
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