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The Dow regained momentum by mid-morning on Monday as AI stocks surged. Electronic giant Foxconn (HNHPF) reported record-breaking revenue for its fourth quarter, and the artificial intelligence boom continues into 2025.

Nvidia’s (NVDA) shares climbed by close to 5% on Monday in anticipation of chief executive Jensen Huang’s keynote at the Consumer Electronics Show.

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Based on the data, China’s domestic market saw its second consecutive month of acceleration in November.

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Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.

Major U.S. indexes gained at midday Monday, as tech stocks surged after Nvidia and Apple supplier Foxconn posted strong fourth-quarter results.