Major stock indexes on Wall Street traded higher at the open on Monday with the tech sector recording significant gains as investors turned to Nvidia's artificial intelligence conference for developers. In other news, the United States Federal Reserve policymakers will be meeting this week in order to decide what the central bank's next step will be.
At the beginning of the session, the Nasdaq 100 skyrocketed 1.45% or 255 points, and the S&P 500 advanced 0.81%. Alphabet was the best performer on both indexes, skyrocketing 6.25% at 9:32 am ET. The Dow Jones rose 0.34% or 135 points at the open, as Apple added 1.63% at 9:31 am ET.
The euro traded flat against the dollar at 9:29 am ET, going for 1.08907.