Wall Street kicked off the new week on a decidedly upbeat note Monday, with all four major indices closing firmly in the green. The S&P 500 gained 1.02% to settle at 6,696.99, while the tech-heavy Nasdaq outpaced the field with a 1.12% advance, closing at 21,793.79. The Dow Jones Industrial Average added 0.83%, finishing at 46,733.71.
Small caps joined the party as well, with the Russell 2000 climbing 0.94% to 2,479.24 — a signal that the rally had breadth beyond just mega-cap technology names. When smaller companies participate in a move like this, it tends to reinforce confidence that the underlying market tone is genuinely constructive rather than narrowly concentrated.
Meta Platforms was the standout performer of the session, jumping 2.24% to $627.45 and helping pull the broader technology sector upward. The move underscored continued investor enthusiasm for AI-adjacent growth stories heading into the spring. On the other side of the ledger, JPMorgan Chase was the notable drag, slipping 0.96% to $286.16 — a relatively contained loss on an otherwise strong day for risk assets.
Gold continued its remarkable run, printing at $5,027.9 — a level that reflects persistent demand for the metal even as equities push higher, a combination worth watching as a potential signal of lingering macro uncertainty beneath the surface optimism.