Major stock market indexes in the United States closed higher on Monday amid the prospect the Federal Reserve might skip raising the key interest rates in the decision scheduled for Wednesday. Meanwhile, the country will see its newest update on inflation, which will be unveiled tomorrow.
The Dow Jones Industrial Average rose by 0.56% or 190 points as Intel Corp jumped by 5.52%. The Nasdaq 100 went up by 1.76% or 255 points, with Broadcom Inc. surging by 6.31%. The S&P 500 increased by 0.94% as Carnival Corp skyrocketed by 12.45%. The latter two indexes hit their 13-month high shortly before the end of Monday's session. Apple Inc., which trades on those two indexes, hit an all-time closing high by gaining 1.6% and coming in at $183.79 per share.
The euro grew by 0.11% against the dollar at 3:59 pm ET to sell for $1.07600.
