U.S. stocks closed higher on Monday with the Nasdaq Composite gaining around 0.8% amid a rise in Meta Platforms, Inc. (NASDAQ: META) and Apple Inc. (NASDAQ: AAPL) shares.
The CNN Money Fear and Greed index showed some improvement in the overall sentiment among US investors.
US stocks moved higher on Monday after recording the worst week of 2023. US treasury yields eased, after moving higher on Friday following a hotter-than-projected data on the Fed’s preferred inflation gauge.