Wall Street stocks claw back a chunk of last week’s losses
US stocks shrugged off a wobbly start to finish solidly higher on Wall Street on Monday, as the market clawed back half its losses from last week. The market rallied after a much healthier-than-expected report on the housing market put investors in a buying mood.
Technology, industrial and communications stocks accounted for much of the market’s broad gains. European stocks also closed higher. Treasury yields were mixed and oil prices rose.
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