S&P 500 hits record high; Dow gains as Longboard Pharmaceuticals surges 51% and tech stocks rise

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The S&P 500 rose to a new record high of 5,859 on Monday ahead of key corporate earnings later this week. At the time of writing, the S&P 500 index was 0.8% higher than the previous close. The Dow Jones Industrial Average was up 0.

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