U.S. stocks rallied Monday ahead of a busy week for investors, with key inflation data and the Fed’s last policy meeting of the year on tap over the next two days.
The S&P 500 (^GSPC) gained 1.4%, while the Dow Jones Industrial Average (^DJI) increased by 1.5%, or more than 500 points. The technology-heavy Nasdaq Composite (^IXIC) advanced by 1.2%.
The rally served as a rebound from stocks’ worst week since September. The S&P 500 dropped 3.4% last week, while the Dow fell 2.8% and the Nasdaq…
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