Stocks continued climbing on Monday as markets maintain positive momentum. The S&P 500 gained 0.72% while the tech-heavy Nasdaq Composite overperformed, rising 1.12%. The Dow Jones Industrial Average gained 0.29%, crossing 53,000 points for the first time ever.
CNBC noted that tech stocks posted broad gains, with the State Street Technology Select Sector SPDR ETF seeing solid gains. Dell Technologies saw large gains after President Donald Trump promoted the companies at the White House during an event in which he rang the opening bell.
