US stock markets closed in positive territory on Monday as investors digested the latest inflation data, which appeared to ease concerns about persistent price pressures.
The Dow Jones Industrial Average and the S&P 500 both finished higher, reflecting a shift in sentiment as traders assessed the implications of the cooler-than-feared figures for the Federal Reserve's policy path.
The market reaction suggests that the recent inflation print has alleviated some of the anxiety surrounding sticky price pressures.
With the immediate data point now in the rearview, attention is turning to the broader macroeconomic calendar.
The positive close marks a reprieve for equities after a period of volatility driven by uncertainty over the pace of disinflation.
Investors are now preparing for a critical week of macroeconomic data and corporate earnings.
The Bureau of Labor Statistics is scheduled to release US consumer price inflation figures on Wednesday, a key event that will test whether the recent easing trend holds.