Stock Market Rallies Ahead of Key Big Tech Earnings and Economic Data

Reported 30 days ago

U.S. stocks surged on Monday, led by the Dow Jones Industrial Average as investors anticipate a busy week of earnings from major tech companies such as Alphabet, Apple, and Microsoft, alongside crucial inflation and jobs reports. The Dow gained over 250 points, while the S&P 500 and Nasdaq Composite also saw slight increases. Amidst this, oil prices dropped nearly 6% after Israel's military actions did not impact Iran's oil infrastructure. Investors remain optimistic yet cautious as they prepare for significant economic indicators that may influence the Federal Reserve's monetary policies.

Source: YAHOO

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