Wall Street Roars Back

It's Benzinga, bringing Wall Street to Main Street. U.S. stocks surged Monday as investors returned to the market following last week's sell-off and midterm elections, according to the Wall Street Journal. The S&P 500 rose 2.3%, its best day in seven months. The Nasdaq gained 2.7%, while the Dow climbed 2.2%, or 1,104 points. All 11 S&P 500 sectors advanced, with 423 stocks closing higher. Industrials led the rally with a 3.8% gain, as oil prices fell 5.8% after President Trump downplayed further U.S. attacks on Iran. NVIDIA dropped 4.3% amid an investigation into CEO Jensen Huang's reported ties to a suspected Chinese spy. Analysts attributed the broader rally to strong earnings growth, a solid jobs report, and easing concerns over the election's impact on AI investments. For all things money, visit Benzinga.com.