iStock/Thinkstock(NEW YORK) — Wall Street closed in the green Monday as global markets recovered from Italy’s referendum result.
The Dow gained 45.82 (+0.24 percent) to finish at 19,216.24 after hitting an intraday all-time high of 19,274.85.
The Nasdaq jumped 53.24 (+1.01 percent) to close at 5,308.89, while the S&P 500 finished at 2,204.71, up 12.76 (+0.58 percent) from its open.
Crude oil lost 1 percent with prices hitting over $52 a barrel.
Italy: Italians largely voted “No” over the weekend to a proposal that would attempt to streamline Italy’s lawmaking process. Italian Prime minister Matteo Renzi supported the reforms in the referendum, and said he would resign in wake of the results. The Euro briefly fell about 1 percent (a 20-month low) against the U.S. Dollar after the news, but European markets have largely rebounded since.
Amazon: Amazon.com introduced “Amazon Go” on Monday, a physical grocery store with no checkout and no waiting in line. According to the online retailer, the first Amazon Go location will open to the public in Seattle in early 2017. Shares in Amazon.com soared nearly 3 percent on the news.
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