Markets kicked off the week on a broadly positive note Monday, with all four major indices finishing in the green. The Nasdaq led the charge, climbing 1.11% to close at 25,852.86, powered by a strong showing from large-cap technology names. The S&P 500 added 0.71% to settle at 7,661.35, while the Dow Jones Industrial Average gained a more modest 0.31%, closing at 51,967.53. Small caps joined the rally as well, with the Russell 2000 rising 0.45% to 2,758.82.
Tesla was the standout story of the session, rocketing 5.21% to $391.62 and serving as a major catalyst for the Nasdaq's outperformance. The electric vehicle giant's sharp move higher lifted sentiment across the broader tech and growth space, reminding investors that momentum names still have room to run.
Not every mega-cap had a good day, however. Meta Platforms fell 1.88% to $630.56, a notable pullback for one of the market's most closely watched stocks. The decline likely reflects pre-earnings jitters, with investors cautious about positioning ahead of what could be a market-moving report.
Gold continued to assert itself as a significant macro story, with the precious metal holding at $4,016.59 — a level that underscores persistent demand for safe-haven assets even amid an otherwise risk-on session.