U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward.
The S&P 500 climbed 0.3% Monday but finished just shy of its all-time high set last week. The Dow Jones Industrial Average rose 0.5% to its own record, while the Nasdaq composite added 0.4% to end a bit short of its high.
Some of the market’s best performing areas were ones that do best when former President Donald Trump’s chances for re-election look better. Trump Media & Technology Group, the company behind Trump’s Truth Social platform, soared by nearly a third. Bitcoin and longer-term Treasury yields also rose.
On Monday:
The S&P 500 rose 15.87 points, or 0.3%, to 5,631.22.
The Dow Jones Industrial Average rose 210.82 points, or 0.5%, to 40,211.72.
The Nasdaq composite rose 74.12 points, or 0.4%, to 18,472.57.
The Russell 2000 index of smaller companies rose 38.76 points, or 1.8%, to 2,187.02.
For the year:
The S&P 500 is up 861.39 points, or 18.1%.
The Dow is up 2,522.18 points, or 6.7%.
The Nasdaq is up 3,461.21 points, or 23.1%.
The Russell 2000 is up 159.95 points, or 7.9%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
