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Midday Market Update

U.S. Markets Begin Week on High Note

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U.S. Markets
U.S. markets began the week on a high note, as all three major indexes jumped into the green soon after trading opened on Monday.

The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite were all on the rise despite news that voters rejected Italy's constitution-reform referendum on Sunday. U.S. markets have shown no signs of slowing down as investors continue to show optimism toward the proposed policies of President-elect Donald Trump. Steady economic growth throughout the country has many expecting the Federal Reserve to raise interest rates for the first time since last December when they meet next week.

Milad Nourmohammadi does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.