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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Stock indexes post new record highs on ai optimism | History Defined

The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.44%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.55%.  December E-mini S&P futures (ESZ25) rose +0.40%, and December E-mini Nasdaq futures (NQZ25) rose +0.50%. 

Stock indexes extended their bull run on Monday and settled higher, with the S&P 500, Dow Jones Industrials, and the Nasdaq 100 posting new record highs.  Strength in semiconductor and AI-infrastructure stocks lifted the broader market on Monday.  Gains in stocks were limited due to higher bond yields as hawkish Fed commentary pushed the 10-year T-note yield to a 2-week high of 4.15%.

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