US stocks rally: Nasdaq hits record high, AMD market cap exceeds $1 trillion
US stocks opened higher on Monday, with the Nasdaq reaching a record closing high. The S&P 500 rose 1.49%, the Nasdaq gained 2.26%, and the Dow Jones increased 0.71%. Meta's AI agent 'Muse' topped the US App Store, driving interest in CPU and AI hardware, which pushed AMD's market cap above $1 trillion. Declining oil prices and 10-year Treasury yields falling below 5% supported tech stocks. Bitcoin surpassed $86,000, and Ethereum rose above $2,700.
Summaries are written by AI from the original article. Not investment advice.