William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C.
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, +1.77% was up 552 points, or 1.7%.
The S&P 500 SPX, +1.36% advanced 1.3%, while the Nasdaq Composite COMP, +1.33% jumped 1.2%, after both indexes last week fell into correction territory. All three major indexes remain on track for monthly losses.
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