Market Recap: Monday, June 21: Stocks close at highs of the day
Market Recap: Monday, June 21: Stocks close at highs of the day

Stocks jumped on Monday, with the three major indexes recovering some of last week’s steep losses as an initial jolt following the Federal Reserve’s updated outlook for rates subsided. The Dow added nearly 600 points, or 1.8%, and had its best day since March. Last week, the index logged a weekly loss of more than 3% in its worst showing since October. The S&P 500 and Nasdaq were also each higher on the day. Melissa Brown, Managing Director, Applied Research at Qontigo and Ann Berry, Wheelhouse Chief Investment Officer joined Yahoo Finance Live to discuss.