new York Wall Street sentiment is improving ahead of much-anticipated inflation data. The Dow Jones index of standard values closed 1.1 percent higher on Monday at 34,245 points. The tech-heavy Nasdaq advanced 1.5 percent to 11,891 points. The broad S&P 500 gained 1.1 percent to 4137 points.
Above all, heavyweights such as Apple, Amazon and Microsoft were able to recover from recent losses with an increase of between 1.9 and 3.1 percent. That gave the Nasdaq a boost. Resurgent interest rate concerns had put growth companies under pressure last week. Investors are now looking forward to the US inflation data expected for Tuesday, which experts say will help determine the further interest rate policy of the US Federal Reserve.
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