Major US stock exchanges opened higher on Monday, continuing Wall Street's momentum following last week's rally to record highs.
The gains come after a week of historic performance, with the Dow and S&P 500 notching their most robust results in a year and the tech-focused Nasdaq and Russell 2000 indices also climbing significantly. Markets reacted positively to Donald Trump's presidential win and the Federal Reserve's interest rate cut.
At 9:31 am ET, the Nasdaq 100 added 0.24%, and Tesla was leading the gains, improving by 7.07%. The S&P 500 rose 0.34% as Bristol-Myers Squibb advanced by 11.60%. At 9:34 am ET, Dow Jones gained 0.76% or around 338 points, while Salesforce Inc. grew 2.06%.
The euro was down by 0.58% against the dollar at 9:28 am ET, selling for $1.06558.
