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Nasdaq Surges 2% as Big Tech Leads a Broad Rally

2025-03-24 18:50:58

The “Lag Seven” stocks were giving Wall Street a glimmer of magnificence on Monday.

The Nasdaq Composite was up 2% in Monday morning trading as Big Tech led a broader market rally. The S&P 500 was up 1.6%. The Dow was up 550 points, or 1.3%.

Though roughly 85% of the S&P 500 stocks were rising, Tesla and the rest of the beaten-down Mag 7 stocks helped turbocharge the rally.

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