U.S. stocks surged on Monday following an assassination attempt on former President Donald Trump at a campaign rally in Pennsylvania. The Dow Jones Industrial Average hit a new record, and the S&P 500 nearly did the same. The results were buoyed by positive earnings reports from Goldman Sachs and BlackRock, and remarks from Fed Chair Jerome Powell indicating progress on inflation. Investor confidence in Trump's election prospects increased after the attack and his announcement of Republican Ohio Senator J.D. Vance as his running mate as the Republican National Convention began on Monday.
