U.S. stocks are closing higher after three straight weeks of losses. Health care and utilities stocks had the biggest gains on Monday.
The Dow Jones industrial average rose 228.11 points, or 1.3 per cent, to 17,977.42.
The Standard & Poor’s 500 index gained 27.79 points, or 1.4 per cent, to 2,081.19.
The Nasdaq composite climbed 57.75 points, or 1.2 per cent, to 4,929.51
For the year:
The Dow is up 154.35 points, or 0.9 per cent.
The S&P 500 index is up 22.29 points, or 1.1 per cent.
The Nasdaq is up 193.45 points, or 4.1 per cent.