Published on 18 Mar 2024 on Benzinga
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Wall Street started the new week on a strong footing, as all major U.S. indices displayed gains during midday trading on Monday, highlighting investor confidence in the continued growth of AI-driven stocks.
The S&P 500 surged by almost 1%, while the tech-skewed Nasdaq 100 staged an even stronger rebound, climbing 1.3% beyond the 18,000-point mark. Blue-chip stocks saw a modest uptick of 0.4%, while small-cap stocks experienced a slight dip.