The Dow notches its best day in June | Kellogg shares rise | What happens when stocks pop this much

Stocks staged a comeback after last week's tumult.

VIEW IN BROWSER | SUBSCRIBE TUE, JUN 21, 2022 EVENING BRIEF AS OF TUE, JUN 21, 2022 • 05:01 ET DJIA 30530.25 +2.15% +641.47 S&P 500 3764.79 +2.45% +89.95 NASDAQ 11069.30 +2.51% +270.95 Most Active DOW NAME LAST CHG %CHG AAPL 135.87 +4.31 +3.28% VZ 50.65 +1.62 +3.30% INTC 37.73 +0.76 +2.06% S&P 500 NAME LAST CHG %CHG AMD 83.79 +2.22 +2.72% AAPL 135.87 +4.31 +3.28% AMZN 108.68 +2.46 +2.32% NASDAQ NAME LAST CHG %CHG AMD 83.79 +2.22 +2.72% AAPL 135.87 +4.31 +3.28% AMZN 108.68 +2.46 +2.32% EDITOR'S NOTE Stocks staged a comeback after last week's tumultuous trading, but Wall Street isn't sure whether to trust the bounce.    The Dow Jones Industrial Average notched its best day in June, surging more than 600 points, or 2.2%. The S&P 500 and the Nasdaq Composite each gained about 2.5%. U.S. stock markets were closed Monday for Juneteenth.   The pop in prices came after the prior week's sell-off – and the S&P 500's worst week since 2020. While some investors expect that markets may be oversold, others believe there are further losses ahead.    "The outstanding question is whether this is simply a bounce or the bottom," said Sam Stovall, chief investment strategist at CFRA Research. "I think that this could certainly be a bounce but not the bottom because the one missing ingredient is a fear-based capitulation sell-off."   Of course, this isn't the first time this year that investors are enjoying some relief after a sell-off.    Since January, the broad-market index on 10 other occasions jumped more than 2%, after which those gains gave way to losses. Tuesday's S&P 500 rally would rank fifth on that list.   Sarah Min | Investing Reporter at CNBC Pro @_sarahmin Watch our live stream for all you need to know to invest smarter. TOP NEWS  Dow jumps 600 points, S&P 500 adds 2.5% in comeback from worst weekly loss in 2 years Sales of existing homes fell in May, and more declines are expected Trump had 'direct and personal role' in pushing states to overturn Biden win, Jan. 6 panel says Kellogg shares jump on plans to separate into three companies Stocks jumped 2.5% Tuesday — here's what happened every time stocks popped this much this year Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet This Goldman stock portfolio consistently beats the market — even this year. Here's what's in it Activision Blizzard shareholders approve proposal for report on abuse and harassment Americans captured in Ukraine could face the death penalty; First German long-range weapons arrive in Ukraine As decision on Roe v. Wade looms, states weigh the economic cost of abortion bans TOP VIDEO Investors pull money from ESG funds in May CNBC PRO This is the only small-cap ETF that has gained ground in 2022 SPECIAL REPORTS Amazon Prime Day is coming up. Focus will be on consumer staples to counter surging inflation, experts say The 10 best US cities for first-time homebuyers Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS