Dow Hits Another Record High as Amazon, Tech Stocks Soar

Stocks opened at a record high Monday, with the Dow Jones Industrial Average topping 21,453 as tech stocks rebounded from a lackluster prior week.

Stocks in Google, Apple, and Alphabet all saw gains of around one percent Monday morning as tech leaders prepared for a summit at the White House. Shares in Amazon reached an all-time high of $1,017 as investors digested the online giant's proposed acquisition of Whole Foods.

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For Subscribers

FOR SUBSCRIBERSAmerican passenger drafted goodbye texts to her family as Flydubai plane plummeted

FOR SUBSCRIBERSCornell rape allegation pushes embattled New York prosecutor into national spotlight

FOR SUBSCRIBERSAbdul El-Sayed tries to woo MAHA voters as Democrats seek inroads with RFK’s supporters

FOR SUBSCRIBERSKratom-like substances are popping up in a typically benign supplement

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FOR SUBSCRIBERSRecords reveal tumultuous marriage between slain New York Times executive and wife

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

FOR SUBSCRIBERSCornell rape allegation spotlights stringent New York state laws that have long drawn criticism

Monday's open roundly beat out last week's record high of 21,397.

The S&P gained close to 10 points, hitting 2,445; while the Nasdaq — which now includes Altaba, Yahoo's new holding company — rose 0.73 points to 6,196.

"I don't see any reason for excessive optimism or pessimism right now," Randy Frederick, vice president of trading and derivatives at Charles Schwab, told CNBC.