Dow surges more than 500 points
CNN
US stocks are rallying Monday, making up lost ground after a multi-day losing streak.
The Dow (INDU) surged more than 500 points, or 1.5%, in the late morning, and the S&P 500 (SPX) — the broadest measure of Wall Street — was up 1.2%. The tech-focused Nasdaq Composite (COMP) rose 0.7%. The Dow stands to snap a five-day losing streak, its longest since January, while the S&P is looking at its first gain in four days — its longest losing streak since February.
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