U.S. stocks closed on a strong note on Monday with several counters from across various sectors attracting buyers.Firm commodity prices and the U.S. drug regulator's nod to a Pfizer-BioNTech coronavirus vaccine aided sentiment.Technology stocks had a good outing once again, and contributed significantly to the fairly buoyant mood in the market.Energy stocks gained ground in positive territory as c...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.