Following the sharp pullback seen over the two previous sessions, stocks have shown a strong move back to the upside during trading on Monday. The major averages have all moved sharply higher, with the tech-heavy Nasdaq leading the charge.
Currently, the major averages are just off their highs of the session. The Nasdaq is up 311.34 points or 1.5 percent at 20,961.47, the S&P 500 is up 67.80 points or 1.1 percent at 6,305.81 and the Dow is up 391.34 points or 0.9 percent at 43,979.92.
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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.