(RTTNews) – Stocks moved sharply higher during trading on Monday, extending the strong upward move seen over the past few sessions. The continued advance once again lifted the major averages to their best closing levels in over a month.
The major averages gave back some ground in the latter part of the trading day but remained firmly positive. The Dow advanced 250.62 points or 0.9 percent to 28,837.52, the Nasdaq spiked 296.32 points or 2.6 percent to 11,876.26 and the S&P 500 jumped 57.09 points or 1.6 percent to 3,534.22.
Technology stocks helped to lead the markets higher, as reflected by the significant advance by the tech-heavy Nasdaq.
Apple (AAPL) posted a standout gain, surging up by 6.4 percent, while Facebook (FB) and Google parent Alphabet (GOOGL) also moved notably higher.
Shares of Twitter (TWTR) also showed a strong move to the upside after Deutsche Bank upgraded its rating on