A rally in chip stocks boosted the S&P 500 and Nasdaq Composite on Monday.

Dow Jones Today | US Stock Market Live: Goldman Sachs has revised its forecast, now seeing the Fed holding rates steady through the year and delaying cuts until 2027.

The S&P 500 gained 0.3 per cent while the Nasdaq Composite gained 0.86 per cent, to 25,929.66. Read more at straitstimes.com. Read more at straitstimes.com.

A rally in chip stocks boosted the S&P 500 and Nasdaq Composite on Monday.

Wall Street pulled back from highs on chip sector weakness despite broad gains; focus shifts to US inflation data and Fed outlook