Stocks rose on Monday as investors assessed the impact of the assassination attempt on US President Donald Trump and braced for a busy week of corporate earnings.
The Dow Jones Industrial Average soared 270 points to a new high shortly after the market opened. The S&P 500 rose 0.4%, while the Nasdaq Composite advanced 0.5%.
Traders were keeping an eye on the newest developments surrounding the attempted assassination of Republican presidential candidate Donald Trump.
While it had the potential to exacerbate political unrest in the country, investors believed that it could boost Trump and Republicans in the polls ahead of the November election.
Source (CNBC)