Wall Street gains for second straight day after selloff

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NEW YORK (Reuters) – Wall Street’s three major indexes rebounded on Monday with broad-based gains across sectors as investors appeared to regain confidence after U.S. equities’ biggest weekly drop in two years. Slideshow (2 Images)The Dow Jones Industrial Average .DJI rose 409.47 points, or 1.69 percent, to 24,600.37, the S&P 500 .SPX gained 36.39 points, or 1.39 percent, to 2,655.94 and the Nasdaq Composite .IXIC added 107.47 points, or 1.56 percent, to 6,981.96. Reporting by Sinéad Carew; Editing by Nick ZieminskiOur Standards:The Thomson Reuters Trust Principles.
Source: Reuters