00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Dow Jones Industrial Average topped 52,000 for the first time Monday as investors bought
00:08stocks tied to the American economy, according to the Wall Street Journal. Alphabet rose 4.8%
00:14on its first day as a Dow component and led gains in the index. Caterpillar, Johnson & Johnson,
00:20Amazon, Cisco, Nike, and Visa also advanced. The Nasdaq rose 2.1%, while the S&P 500 gained 1.2
00:28%
00:28as both indexes ended five-session losing streaks. Amazon, Meta, and NVIDIA rose,
00:34while Microsoft and Apple ended the day lower. Tesla climbed 8.5%, and SpaceX rose more than 7%.
00:42The two companies are collaborating on a Texas chip fabrication complex,
00:46and at least one analyst expects the companies to merge. The Russell 2000 hit a new record
00:52as small-cap stocks continued one of their strongest yearly starts in more than 30 years.
00:57Oil prices and treasury yields rose after renewed Middle East fighting raised risks around the
01:02Strait of Hormuz. For all things money, visit Benzinga.com.
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