Stocks closed broadly higher on Wall Street Monday, clawing back some of the losses from their worst week since April.
The S&P 500 rose 1.1 percent, breaking a three-day losing streak. It was the first gain for the benchmark index since it set an all-time high on Tuesday.
The Dow Jones Industrial Average added 0.3 percent, and the Nasdaq composite climbed 1.6 percent. The gains were broad, with more than three quarters of the stocks in the S&P 500 closing higher, although tech stocks accounted for much of the rally. Nvidia rose 4.8 percent.
On Monday:
The S&P 500 rose 59.41 points, or 1.1 percent, to 5,564.41.
The Dow Jones Industrial Average rose 127.91 points, or 0.3 percent, to 40,415.44.
The Nasdaq composite rose 280.63 points, or 1.6 percent, to 18,007.57.
The Russell 2000 index of smaller companies rose 36.30 points, or 1.7 percent, to 2,220.65.
For the year:
The S&P 500 is up 794.58 points, or 16.7 percent.
The Dow is up 2,725.90 points, or 7.2 percent.
The Nasdaq is up 2,996.22 points, or 20 percent.
The Russell 2000 is up 193.58 points, or 9.6 percent.
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