Nasdaq 100 up by 200 pts as tech firms see gains - Breaking The News
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Nasdaq 100 up by 200 pts as tech firms see gains

EPA-EFE/JUSTIN LANE

Major stock market indexes continued to collect gains on Monday, with the Nasdaq 100 soaring by more than 200 points amid the sell-off its constituents experienced. The increase came on investors' apparent confidence in the strength of the business sector after former President Donald Trump survived an assassination attempt, securing the support of billionaire Elon Musk, and had the case that alleged he took some classified documents from the White House to his private residence dismissed.

The Dow Jones Industrial Average rose by 0.68% or 272 points at 11:03 am ET. At that time, the Nasdaq 100 jumped by 1.03% or 208 points as Tesla Inc. soared by almost 7% at one point. A minute later, the S&P 500 grew by 0.78%.

The euro rose by 0.14% against the dollar at 11:07 am ET to sell for $1.09219, extending its streak of being at the highest level against the greenback since the end of March.

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