NEW YORK — U. S. stocks rose Monday as big technology companies like Apple continued to rally.<br />Technology companies and banks have stood out in the first quarter, said David<br />Schiegoleit, the head of investments at U. S. Bank’s Private Client Reserve.<br />Technology Companies and Banks Take Stocks Higher -<br />By THE ASSOCIATED PRESSMAY 1, 2017, 4:34 P. M. E. D.T.<br />Investors were relieved that the threat of a government shutdown appears to have been averted, so they bought riskier stocks<br />and sold government bonds, gold, and high-dividend stocks.<br />Benchmark U. S. crude fell 49 cents, or 1 percent, to $48.84 a barrel in New York.<br />Analysts expect first-quarter earnings for technology companies<br />and banks to rise 19 percent from the same period a year earlier, according to S&P Global Market Intelligence.
