After showing a strong move to the upside early in the session, stocks continue to see considerable strength in afternoon trading on Monday. With the upward move, the major averages are extending the significant rebound seen last Friday.
In recent trading, the Nasdaq and the S&P 500 have reached new highs for the session. While the Nasdaq is up 249.85 points or 2.2 percent at 11,390.28, the S&P 500 is up 59.91 points or 1.5 percent at 4,032.52 and the Dow is up 336.83 points or 1.0 percent at 33,712.32.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.