Stocks extend rally, with the Dow up 500 points as banks and tech rise.
The Dow Jones Industrial Average traded 456 points higher, or 1.7%. The S&P 500 gained 1.5% along with the Nasdaq Composite.
Bank stocks also contributed to Monday's gains. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all popped more than 1%.a last-minute coronavirus aid deal remains on the table as House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion. The chamber could vote on the bill as soon as next week. Still, that price tag is well above what Republican leadership has indicated it will support for a new package.
Shares of companies that would benefit from the economy reopening caught a bid. Carnival Corp and American Airlines were up 1.8% and 2.8%.
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