Wall Street Rallies Ahead of Major Earnings Reports and Election

Reported 30 days ago

Wall Street experienced gains on Monday as investors prepared for a busy week of earnings reports from major companies and the upcoming presidential election on November 5. The market sentiment improved following stabilization in energy supplies amid tensions in the Middle East. The S&P 500 and Nasdaq both rose, with tech giants like Alphabet and Apple seeing a boost ahead of their earnings announcements. This week will be crucial for assessing corporate spending and economic indicators that may influence Federal Reserve policies.

Source: YAHOO

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