Stocks notched comfortable gains Monday as market participants cheered President Donald Trump's upbeat commentary on U.S.-China trade negotiations. Market participants also looked ahead to this week's Fed meeting, where the central bank is expected to issue its first rate cut of the year.
At the close, the tech-heavy Nasdaq Composite was up 0.9% at 22,348 and the broader S&P 500 had added 0.5% to 6,615 – new record closing highs – while the blue chip Dow Jones Industrial Average tacked on 0.1% to 45,883.
