French election results catapult stocks higher
NEW YORK (Reuters) - U.S. stocks rallied on Monday, tracking a relief rally that swept through Asian and European markets, after centrist candidate and market favourite Emmanuel Macron won the first round of the French presidential election.
The Dow Jones Industrial Average rose 216.13 points, or 1.05 percent, to 20,763.89, the S&P 500 gained 25.46 points, or 1.08 percent, to 2,374.15 and the Nasdaq Composite added 73.30 points, or 1.24 percent, to 5,983.82.
The Nasdaq Composite hit intraday and closing record highs.
(Reporting by Rodrigo Campos; Editing by Nick Zieminski)
Disclaimer: No Business Standard Journalist was involved in creation of this content