The Dow Jones Industrial Average and other major stock indexes finished higher Monday as President Donald Trump was set to meet congressional leaders in a bid to avert a government shutdown. Shares of Electronic Arts, Tesla, and Nvidia fared well. But Carnival dropped below a key level while other equities tested buy points on the stock market today.
Indexes tilted upward after last week’s decline. The Dow closed Monday’s session up 0.2%. Nvidia led blue chips with a gain of 2.1%. Caterpillar and Walt Disney were among the index’s strongest performers. But Chevron and Boeing paced losing issues, falling 2.5% and 1.9%, respectively.
The tech-heavy Nasdaq composite ended up 0.5%. Shopify stood out here with a lift of more than 6%. AppLovin also shined with a gain of more than 6%. The latter stock was boosted after Morgan Stanley raised its price target from 480 to 750 while reiterating an overweight rating.
