The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.12%.
Stocks rallied Monday on reduced Middle East geopolitical risks after Israel over the weekend launched only a limited retaliatory strike on some of Iran's missile-related military facilities and air-defense systems and did not bomb any oil infrastructure or civilian infrastructure. Israel's limited strike reduced concern about the possibility of an all-out conflagration in the Middle East.
