Nasdaq Closes at New Record High

The New York Stock Exchange (NYSE) settled higher on Monday, amid an improvement in risk appetite among investors due to positive economic data and anticipation for a COVID-19 vaccine.

The Dow Jones Industrial Index gained 459 points or 1.78% to settle at 26,287, and the S&P 500 index rose by 49 points or 1.59% to close at 3,179.72, with the later completing its longest rising streak since December.

Meanwhile, the Nasdaq Composite index recorded a new all-time high as it closed at 10,433.65, after surging by 266 points or 2.21%.