US stocks extend gains ahead of Fed minutes
The Dow Jones Industrial Average climbed 111.61 points or 0.43 per cent to 25 870.30. The S&P 500 was up 13.71 points or 0.48 per cent to 2 870.76 Xinhua news agency reported.
The Nasdaq Composite Index rose 66.97 points or 0.86 per cent to 7 887.97.
Investors kept a close eye on the minutes for more clues on the Fed s policy plans on interest rates.
Multiple media outlets on Monday reported that US President Donald Trump said he would continue criticizing the Fed should it continue to raise short-term interest rates which the central bank has indicated it will do at a steady clip.
The Fed s annual economic symposium that will start later this week in Jackson Hole in the US state of Wyoming is also in focus.
Fed Chair Jerome Powell is due to deliver a speech on Friday and the summit will be themed around the idea of changing market structure and the implications for monetary policy going forward.
--IANS pgh/