- A rally in big tech sent US stocks higher at the start of a week that will bring key inflation data and bank earnings.
- The Nasdaq 100 outperformed, with Nvidia rising after revealing new products to support the PC industry and entice customers with artificial intelligence PCs; Boeing fell after authorities temporarily grounded its 737 Max 9 model; Treasury yields declined in tandem with the dollar; and oil dropped to about $70.
- Following a week in which investors wagered that the Federal Reserve was not in a rush to lower rates, equities fell to their lowest level since October, they recovered following mixed US economic data.
