Apple shares surged to an all-time high on Monday due to strong demand for the iPhone 17 series in the U.S. and China. Major U.S. equities indexes also gained amid optimism about the end of the federal shutdown. Cleveland-Cliffs and USA Rare Earth saw significant stock increases. Cooper Companies rose after activist investor Jana Partners took stake and plans strategic alternatives. AppLovin faced investigation, while Progressive saw a downgrade. Gold prices rose, oil futures dropped, and the U.S. dollar fluctuated against other currencies.

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