India, June 22 -- For Wall Street, the beginning of the week was cautiously optimistic as the market players were positively impressed by the progress being made during the diplomatic negotiations going on between the US and Iran. The possibility of a peaceful agreement that would ensure stability in energy markets raised positive sentiments among US stock indices.

As both the Dow Jones and the S&P 500 Indexes gained ground, the Nasdaq Composite, dominated by technology-related stocks, struggled due to losses made by some of the big technology companies. Investors were assessing the implications of the hawkish outlook of the Federal Reserve, increased bond yields, and the inflation data that would determine the interest rates in the futu...