U.S. Stocks Close Mostly Higher After Choppy Session

U.S. stocks ended a volatile trading day mostly higher on Monday, as investors navigated mixed economic signals and shifting rate-cut expectations. The S&P 500 added 0.3% to 5,980, while the Nasdaq Composite gained 0.5%, lifted by a late-day rally in technology shares. The Dow Jones Industrial Average edged up 40 points, or 0.1%. Trading was erratic throughout the session, with major indexes fluctuating between gains and losses before firming in the final hour. Market participants digested a weaker-than-expected manufacturing report, which tempered optimism about economic resilience, while a dip in Treasury yields provided some support for equities. The moves come ahead of a jobs report due on Friday, June 5, which could shape the Federal Reserve's next policy steps. Energy stocks lagged as crude oil slipped, while utilities and consumer staples outperformed.