Wall Street posts gains but tapering is weighting

FXstreet.com (San Francisco) - The US stocks market has closed with gains in the first day of the week but the major indexes declined sharply in the second half of the session as Financial Times published that the Fed is likely to say tapering is close.

Market is now focused on Wednesday's Fed Economic Outlook.

The Dow Jones advanced 109.67 points or 0.73% to end the day at 15,179.85. The S&P 500 added 12.31 points or 0.76% to 1,639.04. And the Nasdaq Composite climbed 28.57 points or 0.83% to finish the day at 3,452.13.