Stock market today: Dow, S&P 500 clinch fresh highs as Nvidia surges to record

US stocks rose on Monday with two major indexes clinching record closes as Nvidia led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies. The S&P 500 moved up nearly 0.8% to close at a fresh record after ending above 5,800 for the first time on Friday. The tech-heavy Nasdaq Composite jumped nearly 0.9%. The Dow Jones Industrial Average rose more than 200 points, or almost 0.5%, to close above the 43,000 level for the first time.

Earnings are taking center stage as the first full week of third quarter results gets underway. How the season plays out is seen as key to the rally in stocks as the bull market turns 2 years old. The Dow and S&P 500 entered this week at new records after JPMorgan Chase and Wells Fargo earnings largely passed Wall Street's test. Investor focus is staying on big banks with reports from Goldman Sachs , Citi , and Bank of America on Tuesday's docket, and Morgan Stanley due Wednesday.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow, S&P 500 head for record high, Nasdaq jumps as Nvidia surgesStocks are upbeat as Nvidia heads for a fresh record high, with the next batch of big bank earnings in focus.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stock rally loses steam as S&P 500, Dow slip from recordsNow that the Fed has started cutting rates, the economy has taken to the fore for investors.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500 jump to fresh records as key CPI report loomsInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow and S&P 500 notch record highs as earnings season kicks offThe Dow and S&P 500 soar to new highs as banks kick off earnings season
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation printInvestors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500, Nasdaq futures stall with Fed and Google breakup in focusInvestors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »