U.S. equity indexes saw minor gains in the first trading session after Presidents Day, with the S&P 500 closing up 0.2% following a late-session rally. The Dow and Nasdaq also ended slightly higher. Super Micro Computer shares surged over 16%, boosted by strong revenue growth forecasts. Intel shares jumped about 16% amid reports that Taiwan Semiconductor Manufacturing Co. and Broadcom might pursue deals involving Intel’s divisions. Walgreens Boots Alliance shares rose 14% on potential acquisition interest from private equity firm Sycamore Partners. Conversely, Medtronic shares fell over 7% after reporting mixed fiscal third-quarter results, and Conagra Brands dropped 5.5% after lowering its full-year sales guidance due to supply issues. This holiday-shortened week includes the release of Federal Reserve meeting minutes and earnings reports from major companies like Walmart. — news from Investopedia
