Wall Street clawed back some of its recent losses to start a week that could see more big swings in financial markets.
The S&P 500 finished 1.2% higher Monday in its first trading after dropping more than 10% below its high point for the year. The Dow Jones Industrial Average ended 511 points higher, and the Nasdaq composite rose 1.2%.
Treasury yields were also climbing at the start of a week full of economic data, including key reports on the U.S. job market. The Federal Reserve announces its next move on interest rates Wednesday. Oil prices continued to swing amid the latest developments in the Israel-Hamas war.
The S&P 500 rose 49.45 points, or 1.2%, to 4,166.82.
The Dow Jones Industrial Average rose 511.37 points, or 1.6%, to 32,928.96.
The Nasdaq composite rose 146.67 points, or 1.2%, to 12,789.48.
The Russell 2000 index of smaller companies rose 10.35 points, or 0.6% to 1,647.29.
For the year:
The S&P 500 is up 327.32 points, or 8.5%.
The Dow is down 218.29 points, or 0.7%.
The Nasdaq is up 2,323 points, or 22.2%
The Russell 2000 is down 113.96 points, or 6.5%.