Market Optimism Fuels Record Gains

In a remarkable trading session, major U.S. stock market indexes surged on Monday, driven by trader optimism over President Donald Trump's proposed tariffs on foreign goods. Key sectors under the spotlight included semiconductors and automobiles, with significant investments flowing into companies like Tesla Inc., AppLovin Corporation, MicroStrategy Inc., and Advanced Micro Devices Inc. (AMD).

Indexes Climb as Confidence Grows

By midday, the Dow Jones Industrial Average had leaped by 1.42%, or 596 points, while the Nasdaq 100 saw a 2.07% increase, gaining 208 points. The S&P 500 wasn't far behind, with a 1.72% jump.

Currency Markets React

Amidst the stock market rally, the euro experienced a slight decline against the dollar, dropping 0.14% to $1.08011 by 12:19 pm ET.