U.S. stocks add to all-time high with more gains on Monday

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U.S. stocks are rising in afternoon trading Monday building on its record set on Friday

U.S. stocks rising Monday to add to their all-time highs.The S&P 500 was up 0.8% in afternoon trading and building on its record set on Friday. The Dow Jones Industrial Average came back from an early loss to rise 225 points and add 0.5% to its own record, as of 2:35 p.m. ET, while the Nasdaq composite was up 1%. The U.S. bond market remained closed for the day because of the Monday holiday.

1% after announcing a $2 billion loan platform agreement with investment firm Fortress Investment Group, where SoFi will refer pre-qualified borrowers.Longboard Pharmaceuticals soared 51.2% after H. Lundbeck, a Danish company, said it would buy the biopharmaceutical company in an all-cash deal valuing it at $2.6 billion.On the losing side of Wall Street was, Boeing lost 1% in its first trading since the aerospace giant warned that it expects to report that it burned through $1.

 

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