The Nasdaq closed higher by over 170 points on Monday, also recording losses for the week. Investors, meanwhile, focused on some notable insider trades.
The S&P 500 closed sharply higher on Monday, as investors awaited inflation data.
The US is scheduled to inflation report today, with analysts expecting annual inflation rate declining to 6.2% in January from 6.5% in the previous month
The CNN Money Fear and Greed index showed some improvement in the overall sentiment among US investors.
On Monday, the Dow Jones recorded its best day in February ahead of the key inflation report. The Dow declined 0.17% last week, while the S&P 500 lost 1.1%.
The CNN Money Fear and Greed index showed slight decline in the overall sentiment among US investors.
The Dow Jones recorded gains on Friday, but still ended the week down 0.17%. Investors digested recent economic data and earnings reports.