Shares of Microsoft Corporation MSFT gained 2.9%, while Apple Inc. AAPL advanced 1.6%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report To read this article on Zacks.com click here. U.S. stocks closed sharply higher on Monday, paring some of the steep losses from last week, as investors shifted focus toward new inflation data and the Fed’s policy meeting scheduled over the next two days.