U.S. stocks rallied on Monday as investors indulged in some strong buying at several counters ahead of earnings updates from several top ranked companies, shrugging off rising bond yields and concerns about the ongoing war in the Middle East.
Goldman Sachs, Bank of America, Tesla, Netflix and Johnson & Johnson are among the companies scheduled to announce their quarterly results this week.
Investors also looked ahead to the release of reports on retail sales, industrial production, housing starts and existing home sales in the comings days.
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Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.