India, Oct. 10 -- Wall Street is heading into the new trading week with a cautiously positive outlook after the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite closed higher on Friday, October 9. Investors are now assessing whether the rally can continue on Monday, October 12, as September inflation data, major US bank earnings, Treasury yields and geopolitical developments are expected to influence market sentiment.

The Dow Jones gained 423.31 points, or 0.8%, to close at 51,654.95 on Friday. The S&P 500 advanced 0.6% to 7,811.54, while the Nasdaq Composite rose 0.6% to 27,366.17, according to The Associated Press. All three major indexes recorded weekly gains, although uncertainty surrounding inflation, borrowing costs and g...