04:13 PM EDT, 04/22/2024 (MT Newswires) -- US equity markets ended higher Monday as investors looked ahead to a busy corporate earnings week.

* The Chicago Federal Reserve's monthly National Activity Index rose to 0.15 in March from an upwardly revised 0.09 in February, compared with expectations for a decrease to 0.07 in a survey compiled by Bloomberg.

* May West Texas Intermediate crude oil closed down $0.29 to $82.85 per barrel, while June Brent crude, the global benchmark, was last seen down $0.16 to $87.13 after Iran said it would not escalate the conflict with Israel.

* CoStar Group ( CSGP ) agreed to acquire 3D technology firm Matterport ( MTTR ) in a cash-and-stock deal with an enterprise value of roughly $1.6 billion. Shares of CoStar ( CSGP ) were up 1.3% while Matterport ( MTTR ) soared nearly 176%.

* Tesla (TSLA) dissolved its newly established marketing team as part of a broader layoff strategy, Bloomberg reported Monday, citing people familiar with the matter. Shares of the company fell 3.4%.

* Quanex Building Products ( NX ) shares were down 2.6% after entering an agreement to acquire UK-based door and window supplier Tyman in a cash-and-stock deal with an enterprise value of about $1.1 billion.