Stocks Rise as Investors Bet on Slowing Rates, Await Earnings

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The stock market has rebounded in 2023, with technology stocks leading the rally. This week brings a deluge of earnings reports. WSJWhatsNow

U.S. stocks rose Monday as investors bet the Federal Reserve will dial back its interest-rate increases and braced for a busy week of corporate earnings reports.

The S&P 500 added 47.20 points, or 1.2%, to 4019.81. The Dow Jones Industrial Average gained 254.07 points, or 0.8%, to 33629.56. The Nasdaq Composite moved 223.98 points, or 2% higher, to 11364.41.

 

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