• The relentless rally in US stocks extended Monday, buoyed by a burst of deals as traders largely ignored tempered messaging from Federal Reserve officials.
  • On the heels of a seven-week bull run, the S&P 500 rose 0.5% as more than $40 billion of mergers and acquisitions hit the wire Monday after months of disappointing volumes.
  • The Nasdaq 100 climbed 0.6%, to close at a record for the second consecutive session.