BUSINESS

Wall Street Rises Ahead of Pivotal Week

Stocks climbed toward fresh records Monday as Wall Street braced for a crowded week. The S&P 500 rose 1%, the Dow added 248 points, and the Nasdaq gained 1.7%, extending Friday’s highs. Optimism grew ahead of a U.S.-China leaders meeting and the Federal Reserve’s rate decision, with traders largely expecting another cut. Big Tech earnings loom. Qualcomm jumped on AI news, while bubble worries simmered. Keurig Dr Pepper matched profit expectations. Deal headlines lifted Cadence Bank and Avidity Biosciences. Overseas markets rallied as Japan’s Nikkei topped 50,000. Treasury yields eased, and gold pulled back from recent records.

Reviewed by JQJO team

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