00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. stocks surged Monday as investors returned to the market following last week's sell-off
00:08and midterm elections, according to The Wall Street Journal. The S&P 500 rose 2.3 percent,
00:14its best day in seven months. The Nasdaq gained 2.7 percent, while the Dow climbed 2.2 percent,
00:21or 1,104 points. All 11 S&P 500 sectors advanced, with 423 stocks closing higher.
00:30Industrials led the rally with a 3.8 percent gain, as oil prices fell 5.8 percent after President
00:37Trump downplayed further U.S. attacks on Iran. NVIDIA dropped 4.3 percent amid an investigation
00:44into CEO Jensen Huang's reported ties to a suspected Chinese spy. Analysts attributed the broader rally
00:51to strong earnings growth, a solid jobs report, and easing concerns over the election's impact
00:56on AI investments. For all things money, visit Benzinga.com.
