US Stocks Rebound to Hit New Highs

2026-06-01 20:16 By Joana Taborda 1 min. read

The three major US stock indexes rebounded from a cautious start to close at fresh record highs on Monday, as President Trump said talks with Iran were continuing at a rapid pace, while a resurgence in AI-related stocks also boosted investor sentiment.

The S&P 500 gained 0.3%, the Nasdaq advanced 0.4%, and the Dow Jones added 46 points.

Technology stocks led the rally, with Nvidia surging 6.3% after unveiling its new RTX Spark Superchip, marking its entry into the PC market.

Optimism surrounding Nvidia's latest offering boosted software and hyperscaler stocks, with Microsoft rising 2.3% and Oracle jumping 9.9%.

The positive spillover also lifted hardware-related names, as Micron Technology and Dell Technologies climbed 6.6% and 10.8%, respectively.

Meanwhile, IBM soared 7.6% after the resurgence of footage showing President Trump saying the stock has a "nice price".

Energy shares also traded higher amid rising oil prices, with Exxon Mobil gaining 2.5% and Chevron advancing 1.9%.



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The Dow Jones Index Closes 0.09% Higher
The Dow Jones Index went up by 46 points or 0.09 percent on Monday to close at 51079 points. The rise was led by Salesforce (9.57%), IBM (7.34%) and Nvidia (6.25%). On the downside, the weakerst performers were Amazon (-3.48%), Merck (-2.96%) and Sherwin-Williams (-2.91%).
2026-06-01
US Stocks Rebound to Hit New Highs
The three major US stock indexes rebounded from a cautious start to close at fresh record highs on Monday, as President Trump said talks with Iran were continuing at a rapid pace, while a resurgence in AI-related stocks also boosted investor sentiment. The S&P 500 gained 0.3%, the Nasdaq advanced 0.4%, and the Dow Jones added 46 points. Technology stocks led the rally, with Nvidia surging 6.3% after unveiling its new RTX Spark Superchip, marking its entry into the PC market. Optimism surrounding Nvidia's latest offering boosted software and hyperscaler stocks, with Microsoft rising 2.3% and Oracle jumping 9.9%. The positive spillover also lifted hardware-related names, as Micron Technology and Dell Technologies climbed 6.6% and 10.8%, respectively. Meanwhile, IBM soared 7.6% after the resurgence of footage showing President Trump saying the stock has a "nice price". Energy shares also traded higher amid rising oil prices, with Exxon Mobil gaining 2.5% and Chevron advancing 1.9%.
2026-06-01
S&P 500, Nasdaq Rise to Record High
US stocks were mixed on Monday as conflicting signals on the US-Iran conflict contrasted with the strong momentum for the AI sector. The S&P 500 inched higher and the Nasdaq 100 was 0.5% up to their records, while the Dow hovered below the flatline. Nvidia gained 4% after it announced its new RTX Spark Superchip to mark its entry in the PC market. The efficiency pledged my Nvidia's new offering lifted software and hyperscaler stocks for fresh momentum in the sector, with Microsoft gaining 2.5% and Oracle gaining 6%, while complementing hardware surged with Micron and Dell jumping 7%. Meanwhile, IBM soared 10% after the resurgence of footage showing President Trump saying the stock has a "nice price". Iran stated that it is halting talks with the US until Israel ceases attacks in Gaza shortly after new strikes between Iran and GCC members, despite US President Trump stating that dialogue with Tehran was promising. Traditional economic sectors were penalized with Visa dropping1%.
2026-06-01