US Stock Market today: S&P 500, Nasdaq, Dow Jones end high, Nvidia, Meta, Tesla share prices - check top gainers, losers

US Stock market indexes closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump's latest salvo to double tariffs on imported steel and aluminum. S&P 500 gained 25.50 points, or 0.43 per cent, to end at 5,937.19 points, while the Nasdaq Composite gained 133.13 points, or 0.70 per cent, to 19,246.90. The Dow Jones Industrial Average rose 39.58 points, or 0.09 per cent, to 42,309.65. S&P 500 in May had tallied its biggest monthly increase since November 2023.

U.S.-listed energy stocks advanced after producer group OPEC+ kept output increases in July at the same level as the previous two months. Among technology stocks, Nvidia and Meta posted strong gains. Tesla fell after it reported lower monthly sales for Portugal, Denmark and Sweden.

Shares of U.S. steel companies rose, led by Cleveland-Cliffs. Other steel-makers also rose, including Nucor and Steel Dynamics. However, shares of automakers such as Ford and General Motors were lower.

Traders currently see at least two 25-basis-point cuts by the end of the year, according to data compiled by LSEG. Investors are also looking ahead to a crucial nonfarm-payrolls report on Friday to gauge the U.S. labor market's strength amid tariff volatility.

FAQs

Q1. Which are key US Stock market indexes?
A1. US Stock market indexes are S&P 500, Nasdaq Composite, Dow Jones.

Q2. How have Nvidia, Meta stocks performed?
A2. Among technology stocks, Nvidia and Meta posted strong gains.