US stock market rally explained: Why did Nasdaq climb 2% to close at a fresh record high?
Wall Street rallied sharply on Monday, with the Nasdaq gaining over 2% to a record close as easing oil prices and Treasury yields supported sentiment, while chip stocks surged on renewed optimism around AI spending.
Key takeaways
- Category: Stocks.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.












