U.S. Stocks Showing Strong Move Back To The Upside

This market update from RTTNews analyzes Monday's strong stock market recovery following recent declines across major U.S. exchanges.

U.S. stocks rebounded sharply on Monday after a two-day selloff, with the tech-heavy Nasdaq leading gains as traders capitalized on reduced stock prices. The rally comes amid growing optimism that weak jobs data will prompt Federal Reserve interest rate cuts, with September rate cut probability jumping to 85.7 percent. Market concerns had stemmed from Trump tariff impacts, disappointing employment figures, and Amazon's stock decline.

• Nasdaq surged 1.5% to 20,961, S&P 500 gained 1.1%, and Dow rose 0.9% during Monday trading
• Networking stocks spiked 7.7% with CommScope rocketing 67.7% on business sale news
• Factory orders dropped 4.8% in June, slightly better than the expected 5.0% decline
• Global markets showed mixed performance with Asia-Pacific mostly higher but Japan's Nikkei down 1.3%