US stocks rise as oil prices fall and dollar weakens

Wall Street recorded significant gains on Monday, driven by a strong performance in the technology sector as the United States saw its major indices climb. The S&P 500 rose by 1%, while the Nasdaq Composite added 1.2%. This market optimism coincided with a decline in the dollar and Treasury yields, as investors reacted to a retreat in energy prices. Brent Crude Oil prices settled between 3% and 5% lower on the day, fueled by speculation that supply disruptions in the Middle East might soon be mitigated.