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Barchart
Barchart
Rich Asplund

Stocks Close Higher Ahead of Heavy Earnings Week and FOMC Meeting

The S&P 500 Index ($SPX) (SPY) on Monday rose +0.63%, the Dow Jones Industrials Index ($DOWI) (DIA) rose +0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +0.59%.  March E-mini S&P futures (ESH26) rose +0.56%, and March E-mini Nasdaq futures (NQH26) rose +0.49%.

Stocks saw support from lower T-note yields and the stronger-than-expected US durable goods orders report, which suggested a resilient US economy. 

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