Jim Cramer: We saw a lot of ‘encouraging signs’ in Monday’s session

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…

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