United States (US) stocks showed a positive trend in the new week, with both the Dow Jones index and the S&P 500 recently hitting new highs.
Last week, the Dow rose 0.96% and the S&P 500 rose 0.85%, marking their best performance of the year.
Tech-heavy Nasdaq stocks also rose 0.8%.
The gains were driven by strong corporate earnings, with about 80% of S&P 500 companies beating expectations year-to-date.
Investors remain cautious ahead of the US presidential election and rising global risks, which add some uncertainty to the market.
This week, the focus is on key economic reports such as US PMI data, durable goods orders and home sales figures.
These updates can provide insight into the current health of the economy.
In addition, major companies such as Tesla, Coca-Cola, General Motors, and Verizon are expected to release their earnings reports this week, which could also affect market movements.
A combination of strong earnings and economic data is likely to shape market performance as investors look for more clues about future economic directions.
