The S&P 500 Index ($SPX) (SPY) Monday closed up +0.77%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.24%.
Stock indexes Monday settled moderately higher, with the S&P 500 and Nasdaq 100 posting new record highs. A rally in AI hardware stocks lifted the overall market Monday on speculation the demand for AI products will continue to grow. US stocks also had a positive carryover from gains in European equities Monday after French political risks eased when Marine Le Pen said she would work with French President Macron should she win the upcoming French elections.
