The broad S&P 500 index rose 0.7 percent, while the technology-heavy Nasdaq composite index rose 0.6 percent. The Dow Jones industrial index finished the strongest and closed at plus 0.9 percent.
Among today’s big winners is Activision Blizzard, which surged 10 percent after a federal court decision that gave Microsoft support to complete the purchase of the company.
The decision thus goes against the American trade authority FTC, which applied to temporarily stop the planned deal, which could become one of the biggest corporate deals of all time.
The price tag for Activision Blizzard is the equivalent of approximately SEK 700 billion.
Another rocket was the image service company Shutterstock, which rose over 9 percent after entering into an in-depth collaboration with the research company OpenAI and its AI technology.
The price of oil rises on Tuesday. A barrel of Brent oil rose almost 2 percent to up to $79.43.
Many are now waiting for Wednesday’s important US inflation data, which may give a hint as to how interest rates will develop.
Later this week, the reports for the second quarter will begin with, among others, the big banks JP Morgan Chase and Wells Fargo as some to keep an eye on.
JP Morgan Chase traded up 1.6 percent while Wells Fargo closed up 1 percent.