Stock markets rally into the close | Dow jumps 400 points

Stock markets rose broadly on Monday as traders grew more optimistic about the prospects of an economic recovery. 

  • Dow Jones Industrial Average traded 400 points higher, or 1.4%.
  • S&P 500 climbed 0.9% and is is down just 0.2% for the year.  
  • Nasdaq Composite was up 0.7% and hit a fresh record high.