The Dow Jones Industrial Average and other major indexes traded higher Monday, with a keynote speech from Nvidia Chief Executive Jensen Huang at the CES trade show highlighting the day's activities. Nvidia stock hit a new buy point in premarket action Monday.

Dow Jones futures rose Friday ahead of economic data. Nvidia stock is again testing a key resistance level. The S&P 500 (SNPINDEX: ^GSPC) rocketed 23% in 2024, marking the second consecutive year in which the benchmark index gained more than 20%,

Dow Jones futures rose Monday morning, along with S&P 500 futures and especially Nasdaq futures, on a report that President-elect Donald Trump is mulling tariff hikes only on critical imports.The stock market rally had some mixed signals but turned bullish by Friday.