Nasdaq hit a record high, closing at 21,798.70 after a 0.45% gain

The Nasdaq Composite ended Monday at a record high, closing up 0.45% at 21,798.70, after touching a fresh all-time intraday peak during the ￰0￱ S&P 500 added 0.21% to finish at 6,495.15, while the Dow Jones gained 114.09 points, or 0.25%, to settle at 45,514.95. Broad tech gains pushed everything ￰1￱ rose 3%, while Nvidia, after a rough month, finally bounced back by almost 1%. Big names like Amazon and Microsoft also moved ￰2￱ the real story of the day was Robinhood, which exploded nearly 15% by midday after S&P Global confirmed it would be added to the S&P ￰3￱ jumped 12% on the same ￰4￱ names were on pace for their best trading sessions since ￰5￱ pay plan, inflation reports, Fed bets move markets Tesla was also back in the ￰6￱ Cryptopolitan previously reported , the company’s board wants shareholders to approve a $975 billion compensation plan for Elon ￰7￱ to Morgan Stanley’s Adam Jonas, the deal eases worries about Musk staying ￰8￱ said, “It’s a good deal for Tesla investors.” Jonas argued the number is big, but not outrageous if you believe in Tesla’s long-term robot ￰9￱ has said that 80% of Tesla’s future value will come from its humanoid Optimus robots, not from ￰10￱ shares are still down 14.3% for the year, but they’ve climbed back 9% this past ￰11￱ company now looks less like a carmaker and more like a robotics bet, and that’s what the market’s watching.

Meanwhile, traders are staring down two inflation reports this ￰12￱ price index (PPI) data for August drops on Wednesday morning, followed by the consumer price index (CPI) on ￰13￱ comes after Friday’s weak jobs report, which made investors even more sure that the Federal Reserve will cut interest rates at its next policy ￰14￱ to the CME FedWatch tool, the odds are rising for a half-point cut. There’s a lot of Fed optimism right ￰15￱ rates mean easier money and more fuel for tech stocks. That’s why every inflation number this week will matter a ￰16￱ to CNBC, Ross Mayfield, strategist at Baird Private Wealth, said , “There just continues to be great momentum for AI spend, AI infrastructure buildout,” adding that it’s not just about the Magnificent Seven anymore.

“The average tech stock is doing really well,” he said. “There’s kind of a broad-based strength.” Don’t just read crypto ￰17￱ ￰18￱ to our newsletter. It's free .