US Stocks Surge as Nvidia, Intel, Cisco Lead Charge

The US stock market continued its upward trend on Monday, with the Dow Jones Industrial Average rising over 740 points or 1.39%. The S&P 500 also reached a new all-time high, driven by strong corporate earnings and falling oil prices.

Key firms such as Nvidia, Intel, and Cisco Systems reported positive results, contributing to the rally in tech stocks. The decline in crude oil prices alleviated concerns about inflation, further boosting investor sentiment.

The Nasdaq 100 led major US indices with a gain of over 1.4%, supported by semiconductor stocks. Caterpillar, Intel, and Cisco Systems were among the top performers, while Chevron, Nike, and Amazon saw losses.