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The S&P 500 Index ($SPX) (SPY) Monday closed up by +0.42%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.26%. Stocks on Monday shook off early losses and settled higher. Monday’s better-than-expected US economic news supports the prospects of a soft landing and was bullish for stocks. The Sep MNI Chicago PMI unexpectedly rose +0.5 to 46.6, stronger than expectations of -0.1 to 46.0. Also, the Sep Dallas Fed manufacturing outlook survey unexpectedly rose +0.7 to a 20-month high of -9.0, stronger than expectations of a d…

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