Reported about 13 hours ago
U.S. stock markets surged on Monday, with the Dow Jones and S&P 500 rising by 1.2% as the Nasdaq led with a 1.5% increase, primarily driven by strong demand for Apple's iPhone 17. Investors are optimistic ahead of a week packed with major earnings reports from companies like Tesla and Netflix, as well as delayed inflation data. Meanwhile, trade tensions with China appear to be easing, and concerns surrounding U.S. credit quality have emerged due to bad loan disclosures from Zions Bancorp. Market watchers are also observing the impact of a major outage in Amazon Web Services, affecting various platforms.
Source: YAHOO