-Dow rose 224 points to close at 38,333, S&P500 went up 37 points to end at 4,928, the sixth record close of 2024
-Nasdaq gained 173 points to finish at 15,628, its highest close since January 3, 2022
-Credit goes to the treasury department
-The market rallied in the afternoon after the treasury department said it expects to borrow $760 billion in the first quarter, which is $55 billion lower than previously estimated
-The new funding update led to a rally in the bond market since everything is about interest rates
-US 10Y is at 4.089%
-Traders also were bracing for a barrage of corporate earnings
-It's a huge week for earnings with results due out of Microsoft, Apple, Alphabet, Amazon, and Meta
-Fed interest-rate decision on Wednesday (IST) night and jobs market data on Friday
-Brent Crude oil slips to $82 despite geopolitical tension as an attack killed three US soldiers and injured 34 more in a drone attack in Jordan
-A Hong Kong court-ordered liquidation of China's Evergrande Group but it is unclear if mainland courts will follow the order
