U.S. stocks close sharply higher

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Traders work at New York Stock Exchange in New York, the United States, on March 2, 2020. U.S. stocks finished sharply higher on Monday following last week's rout. The Dow Jones Industrial Average soared 1,293.96 points, or 5.09 percent, to 26,703.32. The S&P 500 rallied 136.01 points, or 4.60 percent, to 3,090.23. The Nasdaq Composite Index increased 384.80 points, or 4.49 percent, to 8,952.16. (Xinhua/Wang Ying)

NEW YORK, March 2 (Xinhua) -- U.S. stocks finished sharply higher on Monday following last week's rout.

The Dow Jones Industrial Average soared 1,293.96 points, or 5.09 percent, to 26,703.32. The S&P 500 rallied 136.01 points, or 4.60 percent, to 3,090.23. The Nasdaq Composite Index increased 384.80 points, or 4.49 percent, to 8,952.17.

All of the 11 primary S&P 500 gained, with utilities and technology up 5.86 percent and 5.7 percent, respectively, outpacing the rest.