The "Trump-related everything rally" reignited across markets on Monday, with heightened focus on last week's top performers like small caps, financials, Tesla Inc. (NASDAQ:TSLA), and cryptocurrencies, all surging as the new trading week began.
The Russell 2000 Index outperformed major large-cap indices, nearing a retest of its all-time high from November 2021.
Financials shone brightest again, with both large and regional banks posting strong gains. The SPDR S&P Regional Banking ETF (NYSE:KRE) surged 3.9%, reaching levels last seen in August 2022.
Bitcoin (CRYPTO: BTC) also dominated headlines, surpassing the $85,000 milestone and fueling widespread gains across other crypto assets.
Major crypto-related stocks, including Coinbase Global Inc. (NASDAQ:COIN), rallied nearly 22%, hitting highs last seen in late November 2021. MARA Holdings (NASDAQ:MARA) soared 25%, with Riot Platforms Inc. (NASDAQ:RIOT) and CleanSpark Inc. (NASDAQ:CSLK) both up by 21%.
Within tech, Tesla continued its rally, while the rest of the sector lagged, weighed down by sharp declines in semiconductors following new AI-related export restrictions to China, impacting Taiwan Semiconductor Manufacturing Company (NYSE:TSM).
Elsewhere, the U.S. dollar extended its gains, while Treasury yields held steady, with the 10-year yield hovering around 4.3%.
Prices tumbled in commodities, with the exception of natural gas, which rose roughly 10%. Gold dropped over 2%, and oil fell by 3%.
Monday's Performance In Major US Indices, ETF
Index
Price
% chg (1 day)
Russell 2000
2,437.75
1.6%
Dow Jones
44,328.14
0.8%
S&P 500
6,001.80
0.1%
Nasdaq 100
21,060.25
-0.3%
Updated at 12:47 p.m. ET
According to Benzinga Pro data:
The SPDR S&P 500 ETF Trust (NYSE:SPY) held steady at $598.43.
The SPDR Dow Jones Industrial Average (NYSE:DIA) rose 0.7% to $443.23.
The tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) inched 0.3% lower to $512.45.
The iShares Russell 2000 ETF (NYSE:IWM) rose 1.6% to $242.00.
The Financials Select Sector SPDR Fund (NYSE:XLF) outperformed, rising 1.8%. The Technology Select Sector SPDR Fund (NYSE:XLK) lagged, down 0.8%.
Monday's Stock Movers
Stocks reacting to earnings reports were Monday.com ltd (NASDAQ:AMDY) down 15% and Aramark (NYSE:ARMK), up 1%.
Trump Trade Sparks Biggest Financial Stock Inflows In 2 Years
Image created using artificial intelligence via Dall-E.
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オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。