U.S. stocks closed modestly higher on Monday as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from a Federal Reserve official.
Breakdown
- Major U.S. stock indexes closed higher, led by technology sector gains.
- Investors focused on AI-driven growth and end-of-quarter portfolio adjustments. 13s
- Concerns remain over a possible government shutdown due to a congressional funding standoff. 1m 2s
- Cannabis-related stocks surged after President Trump promoted hemp-derived cannabidiol. 1m 17s
- Lamb Research and Applovin shares rose following positive analyst actions. 1m 41s