Tesla Leads the Way for US Stock Indices

Closing Bell Recap for US Indices

As the closing bell rang, the IT sector and small-cap stocks led the market surge, with the Russell 2000 and Nasdaq indexes showing notable gains. Small-cap stocks outperformed last week as funds rotated from high-cap tech into smaller equities.

Stock Market Highlights

• Russell 2000 and Nasdaq: Both indexes saw a 1.6% increase today, continuing their upward momentum.
• Dow Jones: Despite leading last week, the Dow trailed today, gaining only 0.32%.

Closing Figures

• S&P 500: Up 60 points, or 1.10%, closing at 5,564 points.
• Nasdaq: Increased by 2,793 points, or 1.60%, ending at 18,007 points.
• Dow Jones Industrial Average: Rose by 128 points, or 0.29%, finishing at 40,415 points.
• Russell 2000: Advanced by 37 points, or 1.70%, reaching 2,220 points.

Top Performers

• GPU: Increased by 4.76%.
• Meta Platforms: Rose by 2.23%.
• Alphabet: Climbed by 2.26% ahead of its earnings report.
• Microsoft: Up by 1.33%.
• Tesla: Jumped by 5.15%, with an additional 2.83% increase ahead of its earnings report tomorrow.

Overall, the market saw significant gains today, driven by strong performances in the IT sector and small-cap stocks. Investors are closely watching upcoming earnings reports, which are expected to further influence market trends.