Explained — Three factors that aided Monday’s Wall Street recovery

Jeff Kilburg, CEO of KKM Financial, had posted on Sunday night that the market would turn green before the close on Monday. He said that the futures market overreacted to the Iranian conflict, creating an opportunity to buy the S&P 500 as it neared its 2026 low. “We remain in a bull market despite escalating geopolitical tensions,” he said.

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