S&P 500, Nasdaq, Dow Jones Strike All-Time Highs Ahead Of Key Earnings This Week: What's Driving Markets Monday?

Following a record-breaking week for the S&P 500, U.S. stocks continue to be on the rise as investors eagerly await this week’s key earnings reports with optimism.

On Monday, the S&P 500 reached 4,850 points, the Nasdaq 100 climbed to 17,365 and the Dow Jones briefly touched a record-breaking 38,000 points, with all major U.S. averages simultaneously trading at all-time peaks.

Small caps, as tracked by the iShares Russell 2000 ETF (NYSE:IWM) rose 1.7%, outperforming major indices.

The dollar held steady, while Treasury yields slightly eased, providing relief to the bond market. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) rose 0.6%.

Gold edged down 0.3%, while oil soared by over 2%, on track to close at the highest level since late December.

Bitcoin tumbled by over 2%, eyeing the lowest level since early December.

Monday’s Performance In US Major Indices, ETFs

IndexPrice%
Russell 20001,973.681.6%
Dow Jones37,986.400.3%
S&P 5004,854.840.3%
Nasdaq 10017,362.660.3%

Sector-wise, the Industrials Select Sector Fund (NYSE:XLI) slightly outperformed, up 0.7%. The Utilities Select Sector Fund (NYSE:XLU) continued to lag behind, down 0.7%.

Monday’s Stock Movers

US Mega-Cap Stocks Reporting This Week

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