While buying interest has waned from earlier in the session, stocks remain mostly positive in late-day trading on Monday. The major averages are all hovering firmly in positive territory after turning in a mixed performance last week.
The strength on Wall Street comes as traders pick up stocks at reduced levels amid indications that the markets have become oversold following the downward move seen over the past month. Easing concerns about the Greek debt crisis has also contributed the gains.
Health insurance stocks remain among the market's best performers as the trading day winds down, while considerable strength also remains visible among railroad, software, and airline stocks.
Most of the other major sectors have also moved higher on the day, although weakness among banking stocks has helped to limit the upside for the markets.
The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 74.28 points or 0.6 percent at 12,078.64, the Nasdaq is up 14.64 points or 0.6 percent at 2,631.12 and the S&P 500 is up 7.17 points or 0.6 percent at 1,278.67.
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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.