Stocks Close Lower but Remain on Track for Best Month Since 2021 on Upbeat Outlook
• Stocks closed down Monday but remain on track for best month in over a year amid upbeat Wall Street outlook • BMO Capital and Deutsche Bank see S&P 500 reaching 5,100 by end of 2024 on earnings growth forecasts • Roku shares climbed 8% after upgrade to Buy rating; analyst sees upside to fiscal 2024 estimates • Oil prices settled lower as Qatar announced Israel-Hamas truce extension; OPEC+ meets Thursday • Gold rises above $2,010 on soft landing hopes; technical analyst expects push to new highs