The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.44%. December E-mini S&P futures (ESZ25) rose +0.24%, and December E-mini Nasdaq futures (NQZ25) rose +0.42%.
Stock indexes on Monday settled higher. The broader market rose and bond yields fell on Monday, as hopes grew that weak US labor market news this week, including the August JOLTS job openings, the September ADP employment change, and the September nonfarm payrolls, would prompt the Fed to continue cutting interest rates. The 10-year T-note yield fell -3 bp to 4.14%.
