Stock Market Surges as Dow and S&P 500 Rise, 3M and Boeing Stocks in Focus

Global stock markets started the week on a positive note, with U.S. indexes closing higher as investors remained unfazed by the possibility of higher interest rates. The S&P 500, Nasdaq Composite, and Dow industrials all rose, with the Nasdaq leading the gains. The majority of S&P 500 sectors saw increases, while the yield on the 10-year U.S. Treasury note fell slightly. Hawaiian Electric shares surged after denying claims of causing a wildfire, and 3M shares rose as the company nears a $5.5 billion settlement for faulty combat earplugs. Chinese indexes fluctuated after the government announced trading tax cuts and market revival measures.