Evening Market Recap - Monday, 28-Aug

US equities were higher in very quiet late-summer Monday trading, ending just off best levels. Upside is likely a function of the fairly balanced messaging from Powell last week, renewed peak Fed chatter, rate stabilization, M&A pickup, China stimulus and dampened positioning and sentiment indicators. Meanwhile, a light day of data included the August Dallas Fed Index, which beat and improved for a third-straight month.