Wall Street rose on Monday, buoyed by investor confidence after the S&P 500 posted its biggest jump since early November.
Investors are betting that the market in 2024 will have a bright finish.
The latest inflation report showed that the price of goods and services rose more slowly than expected last month.
The annual inflation rate, which measures price changes, rose compared to the same period last year and was also lower, suggesting that the worst of the price surge may be over.
Providing some relief from cost pressures, it is bringing relief to households and businesses.
President Joe Biden has signed a temporary funding bill to keep federal agencies running for the next three months, providing stability and ensuring essential services continue.
Apple Inc. announced it would return to the Indonesian market after its latest iPhone was banned there.
The company has pledged to invest $1 billion, including building a new factory on Batam Island.
The factory is expected to create 1,000 jobs, boost the local economy and help Apple strengthen its ties with the region.
Trading activity is expected to slow down ahead of Christmas.
