Wall Street’s key stock indices climbed on Monday, led by a recovery in chip stocks and signs of easing tensions in the Middle East.
At the opening bell, the Dow Jones Industrial Average rose 130.5 points, or 0.26%, to 50,997.23. The S&P 500 rose 56.8 points, or 0.77%, to 7,440.57, while the Nasdaq Composite rose 355.6 points, or 1.38%, to 26,065.071.