Summary Gainers in the US included large technology companies and US aerospace giant Boeing
NEW YORK (AFP) - Wall Street stocks rose early Monday, following overseas equity markets higher after a strong election result for French President Emmanuel Macron was seen as boosting his pro-business agenda.
Gainers in the US included large technology companies and US aerospace giant Boeing, which announced new orders at the Paris Air Show.
About 10 minutes into trading, the Dow Jones Industrial Average stood at 21,459.33, up 0.4 percent.
The broad-based S&P 500 climbed 0.5 percent to 2,445.02, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 6,212.88.
Equity markets in Paris and Frankfurt were up about one percent each after Macron s centrist party and its allies won 350 seats in the 577-seat National Assembly on Sunday.
The election was closely watched in Europe and around the world to see if France s youngest-ever leader would secure a mandate to push through his pro-EU agenda.
Large technology companies, including Apple, Google-parent Alphabet and Amazon all gained more than one percent, recapturing some momentum after experiencing some ugly losses over the last two weeks.
Dow member Boeing advanced 0.7 percent after it unveiled a new plane, the 737 MAX 10, which company executives billed as "the most efficient single-aisle airplane in the skies."
Boeing announced more than 100 orders worth some $13.5 billion, although some were customers changing their selection of models from previous orders
