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US stocks closed higher, supported by technology stocks
Wall Street closed sharply higher on Monday, boosted by a rally in technology stocks, as investors kicked off a busy week of earnings with renewed enthusiasm for stocks driving the market's momentum, which had taken a hit last year.
Based on preliminary data, the Standard & Poor's 500 index closed, up 46.75 points, equivalent to 1.18%, to 4019.36 points, and the Nasdaq Composite Index increased by 223.34 points, or 2%, to 11363.77 points, and rose. Dow Jones Industrial Average 252.36 points, or 0.76%, to 33,627.85 points.
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