The bulls gained control last week on the expectation that the Federal Reserve will cut rates up to three times in 2019. Keep in mind that it's unlikely that it will cut rates while still tightening as it unwinds its balance sheet. Quantitative tightening is scheduled to end in October, so cutting rates may wait until then.
Keep in mind that the Mexican tariffs may have been averted but the trade war with China remains in place. In addition, government investigations of four FAANG continue.
Here's Today's Scorecard
SPDR Dow Jones Industrial Average ETF (NYSEARCA: