U.S. equities closed higher Monday as market internals remained resilient ahead of key inflation data and geopolitical developments.
The S&P 500 and Nasdaq extended gains on Monday, closing in positive territory despite lingering concerns over higher-than-expected inflation. Market internals showed strength, with advancing issues outpacing decliners and volatility metrics holding steady.
The move followed recent CPI data that exceeded forecasts, raising questions about the Federal Reserve’s policy path. Traders are now focused on Thursday’s economic releases and geopolitical tensions, including U.S.-China relations, which have yet to prompt market volatility.
Equities shrugged off broader macro uncertainties, with no immediate reaction to political commentary or delayed policy responses.