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Barchart
Barchart
Rich Asplund

Stocks Recover Early Losses on Dip Buying

The S&P 500 Index ($SPX) (SPY) Monday closed up +0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.09%.  June E-mini S&P futures (ESM25) are down -0.01%, and June E-mini Nasdaq futures (NQM25) are down -0.05%. 

On Monday, stock indexes recovered from early losses and settled slightly higher.  Stocks rebounded on a wave of dip buying by investors and comments from Treasury Secretary Bessent, who said the government is determined to lower spending and grow the economy.

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