Overview

• S&P 500, Dow Jones, and Nasdaq Composite all rose over 1% following heavy losses last week.
• Investors are focused on upcoming inflation reports to gauge potential Federal Reserve rate cuts.
• Apple introduced the iPhone 16 and new features for Apple Watch and AirPods at its annual event.
• Oracle shares climbed post-earnings, while airline stocks surged on positive analyst upgrades.
• Summit Therapeutics saw a significant rise after positive Phase 3 trial results for its lung cancer drug.