Shares of Donald Trump's media company soared on Monday after a failed assassination attempt over the weekend increased momentum for the so-called Trump trade across markets.

Trump Media & Technology Group Corp, trading under the ticker DJT, climbed 31% to its highest level since June 12.

Other stocks expected to benefit from Trump reclaiming the presidency, such as private prison firms and cryptocurrency miners, also saw rallies.

PredictIt data indicates Trump's chances of winning a second term have risen since the attempted attack in Pennsylvania.

The former president owns a majority stake in Truth Social, a social media platform launched after his 2021 Capitol riot ban from major sites.

Conservative video network company Rumble Inc jumped 21% after Trump selected Ohio Senator JD Vance as his running mate.

Gun stocks including Smith & Wesson Brands Inc, private prison companies like GEO Group Inc, and cryptocurrency stocks including Coinbase Global Inc saw gains.

Tesla Inc rose after Elon Musk endorsed Trump, while solar energy stocks fell.

The S&P 500 ticked up by 0.3%.