Wall Street Soars: Indices Reach Record Highs Again

The stock markets on Wall Street continued their upward movement, driving the major indexes to new records. On Monday, the S&P 500 rose by 0.4% after completely offsetting a slight morning loss. The Dow Jones Industrial Average posted a gain of 0.1%, while the Nasdaq Composite increased by 0.7%. All three indexes marked an all-time high for the third consecutive time. The announcement of a new partnership agreement between Nvidia and OpenAI had a particularly invigorating effect on the market. This news significantly contributed to the positive sentiment. At the same time, Oracle benefited from the expectation of receiving a copy of TikTok's algorithm as part of a deal to secure the operation of the popular app in the U.S. Since April, stocks have been on a clear upward trend, which is also reflected in the increased annual values of the indexes. The S&P 500 rose by 29.39 points to 6,693.75, the Dow Jones by 66.27 points to 46,381.54, and the Nasdaq by 157.50 points to 22,788.98. The Russell 2000 Index, which includes smaller companies, also increased by 14.57 points to 2,463.34. For the current year, the S&P 500 has recorded a gain of 812.12 points or 13.8%. The Dow has risen by 3,837.32 points or 9%, while the Nasdaq has increased by a significant 3,478.18 points or 18%. The Russell 2000 has improved by 233.18 points or 10.5%.