Jim Cramer: We saw a lot of ‘encouraging signs’ in Monday’s session
Positive housing data and a price rebound “in some important stocks” fueled buying in the stock market Monday, CNBC’s Jim Cramer said.
The Dow Jones surged 580 points to 25,595.80 for a gain of 2.32%, the S&P 500 rose 1.47% to 3,053.24 and the tech-heavy Nasdaq climbed 1.20% to a 9,874.15 close.
“We had a lot of encouraging signs today, but keep in mind that this market loves veering from one…