Stocks rose on Monday, as investors predicted that the failed assassination attempt on former President Donald Trump will result in significant gains for the Republican presidential candidate and the GOP in November elections.
More accommodative fiscal measures were expected to fuel an expansion of the bull market that began last week.
Small-cap stocks and banks led Monday’s gains. The Dow Jones Industrial Average rose 234 points, or 0.6%, while the S&P 500 advanced 0.5%.
Both hit fresh intraday highs during the session. The Nasdaq Composite rose 0.6%, helped by Apple’s 2% gain following a Wall Street upgrade.
Source (CNBC)
