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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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.