The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.18%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.59%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.25%. September E-mini S&P futures (ESU26) rose +1.20%, and September E-mini Nasdaq futures (NQU26) rose +2.24%.
Stock indexes settled sharply higher on Monday, led by strength in technology stocks. Also, stocks found support on Monday after the US and Iran backed away from a fresh escalation of hostilities and agreed to stop attacking each other before peace talks resume over the Strait of Hormuz and other issues. President Trump said Monday that talks are set to resume in Doha on Tuesday.
