U.S. stocks edged higher Monday, with the S&P 500 and Nasdaq Composite closing at fresh records as investors braced for a pivotal week of Big Tech earnings and a Federal Reserve decision. The Dow Jones Industrial Average lagged slightly, ending marginally lower.
Top Gainers
Nvidia (NVDA) jumped 4% to an all-time high, extending its AI-fueled rally and briefly reclaiming a $5 trillion valuation.
Organon (OGN) surged 17% after agreeing to an $11.75 billion acquisition by Sun Pharmaceutical Industries, marking one of the day’s biggest deal-driven moves.
Intel (INTC)added nearly 3%, building on last week’s 24% breakout to record highs amid renewed optimism in semiconductor demand.
Domino’s Pizza (DPZ) plunged nearly 9%, the worst performer in the S&P 500, after disappointing earnings and a reduced full-year outlook.
Arm Holdings (ARM) dropped 8% as investors locked in profits following last week’s 40% surge to record highs.
Airline stocks were mixed, with Frontier Group Holdings (ULCC) slipping slightly despite ongoing speculation about potential government support for the sector.
U.S. stocks edged higher Monday, with the S&P 500 and Nasdaq Composite closing at fresh records as investors braced for a pivotal week of Big Tech earnings and a Federal Reserve decision. The Dow Jones Industrial Average lagged slightly, ending marginally lower.