Market Insider

Red-letter day for Dow, S&P, but Nasdaq lags

The Dow and the S&P 500 finished at record highs again on Monday after a closely watched marker on U.S. manufacturing was revised to show more strength than initially indicated.

Industrials and material stocks were among the day's biggest gainers, while the technology sector ended lower, weighed down by big names like Apple and Google.

After hours of confusion, the Institute for Supply Management officially corrected its earlier report to show that the pace of growth in the U.S. manufacturing sector accelerated in May. Wall Street fell initially after the first report, with all 10 S&P 500 sector indexes down for the day at one point.