Market Update

1:53 p.m. ET SP-500 +0.6%, Dow +0.25% (Transports +1%), NASDAQ-100 +0.7%, Small Caps +0.7% The new week stated on a recuperative note thanks to sizable gains in the mega-cap stocks and some optimism surrounding reports that China is loosening COVID restrictions in its largest cities. A good chunk of last week’s losses were taken back initially,…