Stocks climbed on Monday after a bidding contest erupted for discount retailer Family Dollar and as concerns eased about the situation in Ukraine.
The Dow Jones industrial average rose 175.83 points, or 1.1 per cent, to 16,838.74.
The Standard & Poor’s 500 index rose 16.68 points, or 0.9 per cent, to close at 1,971.74.
The Nasdaq composite rose 43.39 points, or 1 per cent, to 4,508.31.
For the year:
The Dow is up 262.08 points, or 1.6 per cent.
The S&P 500 index is up 123.38 points, or 6.7 per cent.
The Nasdaq is up 331.72 points, or 7.9 per cent