India, March 17 -- After rebounding last Friday but still posting steep weekly losses, stocks continued to regain ground during trading on Monday. The major averages all moved to the upside over the course of the session.
The major averages pulled back well off their highs going into the end of trading but remained in positive territory. The Dow jumped 353.44 points or 0.9 percent to 41,841.63, the S&P 500 climbed 36.18 points or 0.6 percent to 5,675.12 and the Nasdaq rose 54.58 points or 0.3 percent to 17,808.66.
The strength on Wall Street came as traders continued to pick up stocks at relatively reduced levels following recent weakness, which saw the S&P 500 plunge into correction territory last Thursday.
Positive sentiment was also g...