The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.73%. March E-mini S&P futures (ESH26) rose +0.57%, and March E-mini Nasdaq futures (NQH26) rose +0.76%.
Stock indexes settled higher on Monday as signs of strength in US manufacturing activity bolstered optimism about the economic outlook, following the release of the Jan ISM manufacturing index, which expanded by the most in more than 3.25 years. Also, strength in chip makers and AI-infrastructure stocks supported gains in the broader market on Monday.
