10/25, 7:18 PM (Source: TeleTrader)
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Dow jumps 100 points, reaches new record high

Shares on the major United States stock market indexes extended gains on Monday, with the Dow Jones Industrial Average surging over 100 points, and reaching a new intraday record high.

The upbeat sentiment was seemingly prompted by a strong earnings week, with most of the major names scheduled to post their results in the coming days.

The Dow Jones jumped 0.28% at 1:19 pm ET, with the Nasdaq 100 soaring 1.05% at the same time. The S&P 500 was also at an all-time high, up by 0.56% a minute later. The euro dropped 0.3% versus the dollar at 1:24 pm ET, selling for 1.16106.

Breaking the News / BU