Follow @jeffsuntrading US markets is closed on Monday in observance of Memorial Day. As the turbulent month in equity markets is drawing to a close, investors will be looking ahead to Friday’s nonfarm payrolls report which could help set the market tone for June. There has been a shift in the sentiment of the market but it remains unclear if it is a temporary or more permanent shift. Various points of interest have new bearings that have the stock market in a better place at the end of last week than it has been in some time. Recent encouraging economic data has fueled hopes that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession. Here’s what you need to know to start your week.   1. Stocks to extend recovery? U.S. equity markets rallied on Friday, with all three major indexes snapping their...