U.S. stocks rose Monday after former President Donald Trump was shot and survived with minor injuries at a campaign rally in Pennsylvania. The shooter, Thomas Matthew Crooks, was killed by law enforcement.
More investors are leaning toward a higher chance of Trump winning the White House in the wake of the attack and after he nominated Ohio Republican Sen. J.D. Vance as his running mate.
| Code | price | It changes | %changes |
|---|---|---|---|
| Me: DJ | $40,211.72 | 210.82 | 0.53 |
| sb 500 | $5,631.22 | 15.87 | 0.28 |
| Me: Comb | $18,472.57 | 74.12 | 0.40 |
The Dow Jones Industrial Average closed at a fresh record high, while the S&P 500 ended the day just below 1,000, building on last week’s gains as investors digested earnings from Goldman Sachs and BlackRock this morning. In addition, Federal Reserve Chairman Jerome Powell said in remarks on Monday that the latest inflation reading showed signs of progress.
In a rare 8 p.m. Sunday address that lasted about 10 minutes, President Biden urged the country to de-escalate what has become a nation deeply divided over politics, and offered Trump his best wishes and prayers. He stressed that the investigation was ongoing and that the motive behind the assassination attempt remained unclear.
As the Republican National Convention kicks off today, Biden said he will campaign on his own to promote his administration’s record as we head into the November election.