genai / news / / The Economic Times
S&P 500 and Nasdaq Composite closed at record highs Monday, driven by continued investment in technology and AI stocks.
The S&P 500 closed at a new record of 7,412.84, with Nasdaq also hitting an all-time high.
KEY POINTS
- Trump rejected Iran's ceasefire proposal, warning the US-Iran truce is now 'on life support.'
- Micron Technology surged 6.5%, and NVIDIA rose nearly 2%, leading the AI stock rally.
- Copper prices reached a record close of $6.4605, up over 13% for 2026 so far.
- Citigroup analysts named the Nasdaq 100 as Wall Street’s top pick for AI investments.
COMPANIES
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