U.S. markets ended higher on Monday, supported by lower Treasury yields and easing inflation concerns following a sharp decline in oil prices. Sentiment remained upbeat, with technology and artificial intelligence stocks advancing amid renewed optimism over the growth outlook for major AI hyperscalers. Meanwhile, traders turned their attention to the upcoming summit between U.S. President Donald Trump and Chinese President Xi Jinping later this week. Investors are also awaiting fresh earnings reports from AutoZone and KB Home on Tuesday, along with speeches from Federal Reserve officials for further clues on the outlook for interest rates and monetary policy.
Nasdaq surged by 599.54 points or 2.26 percent to 27,122.09, S&P 500 gained by 114.2 points or 1.49 percent to 7,764.7, and Dow Jones Industrial Average increased by 366.19 points or 0.71 percent to 52,048.83.
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