Wall Street kicks week off on high note, Dow Jones gains 254 points

NEW YORK, New York - U.S. stock markets began the week with a major rally Monday, picking up from a positive mood from across the globe.

"Bulls are running with the near-term momentum, the 'soft landing' narrative, and it's hard to argue with recent price action," Jonathan Krinsky, BTIG's chief market technician said in a note to clients Monday.

"On the other hand, long term trends are still somewhat bear