# S&P and Nasdaq close at record highs after oil and tech rise

> The S&P 500 and Nasdaq closed at record highs on May 15 as tech and energy rose. WTI settled at $48.85 after Russian and Saudi ministers said they would extend output cuts to March 2018.

- Date: 2017-05-15 · published 2017-05-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71161-s-and-p-and-nasdaq-close-at-record-highs-after-oil-and-tech-rise
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A crude rebound on the production-cut extension lifts energy-linked input costs, though the report centers on equities rather than feed commodities.

## Read by commodity

- WTI: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2017/05/15/us-markets.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.