U.S. Stocks End Sharply Higher; S&P 500 Snaps 9-day Losing Streak

By Markets MarketWatch Pulse

U.S. stocks ended higher on Monday, with the S&P 500 index snapping a historic 9-day losing streak, after FBI Director James Comey's revelation that the bureau won't pursue charges against Democratic presidential candidate Hillary Clinton sparked a sharp relief rally. Stocks rallied into the close, with the S&P 500 climbing 46.34 points, or 2.2%, to 2,131.52, with financial shares seeing the largest gains. The Dow Jones Industrial Average gained 371.80 points, or 2.1%, to 18,260.08 as all of its components finished in the green. J.P. Morgan Chase & Co. and UnitedHealth Group Inc. were among the blue-chip gauge's best performers. The Nasdaq Composite Index advanced 119.80 points, or 2.4%, to 5,166.17.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.