Heard on the Street Monday Recap: Sunny With a Chance of Rain

Heard on the Street Monday Recap: Sunny With a Chance of Rain #

The market’s mood this Monday: Sunny with a hint of gloom.

Last week, positive economic data boosted market sentiment, resulting in significant gains for all three major U.S. stock indexes. Cooling inflation, better-than-expected retail sales, and improved jobless claims contributed to the optimistic outlook. These developments marked the largest weekly gain for the stock indexes since November.