The three major U.S. stock indexes shook off an early bout of caution to finish at fresh record highs on Monday, lifted by upbeat geopolitical signals and renewed enthusiasm for artificial intelligence–related shares. President Trump said negotiations with Iran were progressing “at a rapid pace,” helping bolster overall risk appetite.
The S&P 500 rose 0.3%, the Nasdaq gained 0.4%, and the Dow Jones Industrial Average added 46 points. Technology stocks led the advance, with Nvidia jumping 6.3% after unveiling its new RTX Spark Superchip, marking the chipmaker’s entry into the PC market.
Optimism around Nvidia’s latest product rippled across the tech sector. Software and hyperscaler names rallied, with Microsoft up 2.3% and Oracle surging 9.9%. Hardware-related stocks also benefited, as Micron Technology climbed 6.6% and Dell Technologies advanced 10.8%.
IBM gained 7.6% after resurfaced footage of President Trump describing the company’s shares as having a “nice price” circulated among investors. Energy stocks traded higher as well, supported by rising crude prices, with Exxon Mobil up 2.5% and Chevron adding 1.9%.
