The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.64%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.77%. March E-mini S&P futures (ESH26) rose +0.64%, and March E-mini Nasdaq futures (NQH26) rose +0.77%.
Stock indexes settled higher on Monday, with the S&P 500 posting a 1-week high and the Dow Jones Industrial Average posting a new all-time high. Optimism about AI spending boosted chipmakers and data storage companies on Monday. Also, energy companies rallied on Monday after President Trump said a team of US officials will “run” Venezuela after capturing Venezuelan President Maduro and that the US requires “total access” to the country, including its oil reserves. In addition, mining stocks surged as escalating geopolitical risks in South America boosted demand for precious metals as haven assets, with gold climbing more than 2% and silver soaring more than 7%.
