The Wall street sign hangs outside the New York Stock Exchange (NYSE) building on March 11, 2025. REUTERS/Shannon Stapleton
WALL Street indexes closed up on Monday with the Nasdaq leading gains as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from Federal Reserve officials.
Technology provided the benchmark S&P's biggest boost as investors bet on growth from artificial intelligence and expectations that the Fed will keep cutting interest rates as it grapples with persistent inflation concerns and labor market uncertainties.
