Stocks closed higher on Wall Street, ending a four-day losing streak.
The S&P 500 added 1.2 percent Monday. The benchmark index is coming off its worst week in nearly a year and a half. The Dow Jones Industrial Average and the Nasdaq composite also rose 1.2 percent.
Boeing helped lead the market after reaching a tentative deal with its largest union on a new contract. Palantir Technologies and Dell Technologies rose after being named to join the S&P 500.
Yields held relatively steady in the bond market ahead of reports coming this week on inflation at both the wholesale and consumer levels.
On Monday:
The S&P 500 rose 62.63 points, or 1.2 percent, to 5,471.05.
The Dow Jones Industrial Average rose 484.18 points, or 1.2 percent, to 40,829.59.
The Nasdaq composite rose 193.77 points, or 1.2 percent, to 16,884.60.
The Russell 2000 index of smaller companies rose 6.37 points, or 0.3 percent, to 2,097.78.
For the year:
The S&P 500 is up 701.22 points, or 14.7 percent.
The Dow is up 3,140.05 points, or 8.3 percent.
The Nasdaq is up 1,873.25 points, or 12.5 percent.
The Russell 2000 is up 70.70 points, or 3.5 percent.
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