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Market Recap: Monday, June 29

On Monday, the three major indices finished higher after new housing data showed a record monthly gain in pending home sales. The S&P 500 and Dow were each higher by 1.47% and 2.32%, respectively, and the Nasdaq shook off earlier losses. Boeing led the Dow sharply higher on reports that U.S. regulators are set to begin flight tests of the grounded 737 MAX. The Final Round panel discusses Monday’s market action.