A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, March 21, 2025. (AP Photo/Ahn Young-joon)
Stocks closed broadly higher Monday amid hopes on Wall Street that the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week.
The S&P 500 jumped 1.8%. The index was coming off its first winning week after a four-week losing streak.
