Stocks rose on Monday as investors focused more on positive economic news and less on worrying that the Fed will dial back its stimulus. The gains ended what had been a four-day losing streak for the Standard & Poor's 500 index. Monday's gains also started the week with a gain after two down weeks.
Nine out of 10 industry groups in the S&P 500 were higher.
Advancing stocks outnumbered decliners 2-to-1 on the New York Stock Exchange.
The Dow Jones industrial average rose 129.21 points, or 0.82 percent, to close at 15,884.57.
The Standard & Poor's 500 index rose 11.22 points, or 0.63 percent, to 1,786.54.
The Nasdaq composite rose 28.54 points, or 0.71 percent, to 4,029.52.
For the year so far:
The Dow is up 2,780.43 points, or 21.22 percent.
The S&P 500 is up 360.35 points, or 25.27 percent.
The Nasdaq is up 1,010.01 points, or 33.45 percent.
- Stocks & Offerings