US President Donald Trump rang the opening bell for both the Nasdaq and the New York Stock Exchange from the Oval Office on Monday — the first time the ceremony has ever taken place at the White House — as the Dow Jones Industrial Average briefly hit a record above 53,000.
Semiconductor shares have led the gains, with the Nasdaq composite climbing more than one per cent as chip stocks rebounded from last week's sell-off.
Mitch Mccann has the story from New York.
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