June 21, 2024

The Art of Investment

Mastering the Stock Market Strategies

Stock Market Today: Markets Post Broad-Based Gains Thanks to Mega-Cap Tech

3 min read

Stocks enjoyed broad-based gains Monday, boosted once again by select mega-cap tech names. Still, a sense of caution hung over the session as a Federal Reserve policy statement is due later this week.

Market participants entered the week with their eyes on the next Fed meeting, but there will be plenty of other economic news for them to contend with as well. In addition to the central bank’s latest statement on interest rates, the economic calendar features key readings on home prices, consumer confidence and the all-important April jobs report to wrap up the week.