Middle East Tensions Ease, Boosting US Stock Markets
Main U.S. stock indexes rose on Monday as tensions in the Middle East eased, causing crude prices to drop.
This positive sentiment was reflected in Amazon.com's performance, which rose 3.8% and reached a market value of $3 trillion for the first time ever.
The Dow Jones Industrial Average increased by 274 points, or 0.52%, at the open to 52,759.06. The S&P 500 rose 15.1 points, or 0.2%, to 7,504.78 and the Nasdaq Composite gained 78.8 points, or 0.31%, to 25,452.66.
The signs of improved market sentiment were evident in the investors' preparation for a packed week ahead, which includes earnings and economic data releases.