Markets Turn More Bullish Ahead Of Earnings
The CNN Money Fear and Greed index showed improvement in overall market sentiment among US investors.
US stocks closed higher ahead of a busy week of earnings. Markets are expecting the US Federal Reserve to increase rates by 25 basis points at its upcoming meeting.
Shares of Tesla, Inc. TSLA and Apple Inc. AAPL moved higher on Monday amid hopes that Chinas reopening would provide a boost to their businesses.
The Dow closed higher by around 254 points to 33,629.56 on Monday. The S&P 500 rose 1.19% to 4,019.81, while the Nasdaq Composite jumped 2.01% to settle at 11,364.41 in the session.
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