Stocks moved sharply lower at the start of trading on Monday in reaction to the conflict in the Middle East but showed a substantial recovery over the course of the session. The major averages climbed well off their lows of the session before eventually ending the day narrowly mixed.
After tumbling by as much as 1.6 percent, the Nasdaq rose 80.65 points or 0.4 percent to 22,748.86. The S&P 500 also inched up 2.74 points or less than a tenth of a percent to 6,881.62, while the narrower Dow dipped 73.14 points or 0.2 percent to 48,904.78.
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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.