Wall Street today: US stocks surge, Tesla jumps 7%, Nvidia up 2%, Meta Platforms climbs 4%
5 days, 19 hours ago

Wall Street today: US stocks surge, Tesla jumps 7%, Nvidia up 2%, Meta Platforms climbs 4%

Live Mint  

US stocks surged on Monday, led by technology shares on reports of President Donald Trump's administration likely to exclude a set of sector-specific tariffs that are on track to be imposed in April. As of 11:01 AM Eastern, the S&P 500 jumped 1.6 per cent, the Dow Jones Industrial Average rose 1.3 per cent, and the Nasdaq Composite soared 2 per cent. At 9:59 a.m. the Dow Jones Industrial Average rose 497.35 points, or 1.19 per cent, to 42,483.81, the S&P 500 rose 83.12 points, or 1.47 per cent, to 5,750.68 and the Nasdaq Composite rose 331.02 points, or 1.87 per cent, to 18,115.90. Gainers and losers Among Big Tech shares, Nvidia rose about 2 per cent, Meta Platforms climbed 4 per cent and Amazon.com added 2.8 per cent. Spot silver fell 0.2 per cent to $32.97 an ounce, platinum fell 0.5 per cent to $970.47, and palladium was down 0.9 per cent at $949.25.

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