Reported about 2 months ago
U.S. stocks surged toward new record highs on Monday, driven by a significant rally in technology shares, particularly Nvidia, which saw an increase of over 3%. The S&P 500 and Dow Jones Industrial Average also rose, with the S&P eyeing fresh records after closing above 5,800 for the first time. Meanwhile, Bitcoin and Ethereum prices spiked, contributing to gains across cryptocurrency-related stocks. Furthermore, earnings reports from major banks and ongoing discussions about potential rate cuts by the Federal Reserve are closely watched as the earnings season unfolds.
Source: YAHOO