Stocks Rise As Powell's Remarks Cool Rate Fears: What's Moving Markets Monday?

U.S. equity markets saw a rebound on Monday, with the S&P 500 rising 0.7% to 6,413, the Dow Jones increasing 1.1% to 45,650, and the Nasdaq 100 up 0.5% to 23,240. Fed Chair Jerome Powell's remarks on inflation and interest rates contributed to a positive market sentiment, leading to a drop in the implied probability of a rate hike in 2026 to around 18%. Amazon.com shares advanced, while the yield on the 10-year U.S. Treasury note fell to 4.34%. Gold prices increased by 1.2% to $4,547 per troy ounce, reflecting the retreat in bond yields.