U.S. stocks closed up on Monday
USA
U.S. stocks were on the rise on Monday as last week's sharp losses brought buyers back to the market.
Microsoft Corporation shares jumped after an activist investor took a stake in the company.
Lifting both the S&P 500 and Nasdaq, Microsoft Corporation's spike of 3.6%, up to $30.83 a share, came on the heels of a CNBC report that ValueAct Capital had taken a $2 billion stake in the company.
The market's bounce followed the S&P 500's worst weekly loss since November and suggested to some market watchers that a much debated market correction has yet to arrive.


















































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