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<US>Nvidia Swells 6% Leading AI Stocks; Nasdaq Ends Up 2%+; Tesla, Alphabet Up ~4%
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The U.S. Senate passed the appropriations bill, raising hopes for an end to the government shutdown, and leading U.S. bourse higher on Monday. Fueled by AI stocks such as Nvidia (NVDA.US) and Micron (MU.US), the Nasdaq surged impressively, pioneering the three major indices with a spike of over 2%, closing up 522 points or 2.3% at 23,527, just 40 points shy of the day's high. The DJIA expanded its early gains to 425 points or 0.9%, finishing up 381 points or 0.8% at 47,368. The S&P 500 concluded 103 points or 1.5% higher at 6,832. AI chip stocks led the rally, with Nvidia soaring 5.8%, Palantir (PLTR.US) and Micron swelling nearly 9% and over 6% respectively, making them the best-performing components of the Nasdaq 100 on Monday. Big techs had a good run, with Microsoft (MSFT.US) rising 1.9%, snapping its longest eight-day losing streak since 2011. Tesla (TSLA.US) mounted 3.7%, Alphabet (GOOG.US) jumped up 3.9%, Meta (META.US) added 1.6%, and Amazon (AMZN.US) added over 1%. Apple (AAPL.US) hiked only 0.5%. AASTOCKS Financial News Website: www.aastocks.com |
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