Dow up 550 points in final hour of trading

Stocks were sharply higher and trading near session highs with less than 50 minutes to go in Monday’s trading session. The Dow Jones Industrial Average
DJIA,
+1.58%
was up 552 points, or 1.7%. The S&P 500
SPX,
+1.20%
advanced 1.3%, while the Nasdaq Composite
COMP,
+1.16%
jumped 1.2%, after both indexes last week fell into correction territory. All three major indexes remain on track for monthly losses.