NEW YORK (AP) - The stock market staged a late-day rally Monday, helping push the Dow Jones industrial average higher for the first time in a week.
Investors had a couple pieces of positive news to get behind: a decent earnings report from Berkshire Hathaway and the announcement of a rescue package for a struggling Portuguese bank.
However, investors remain cautious after last week's sell-off, which gave the Standard & Poor's 500 index its worst five-day period in more than two years.
The Dow rose 75.91 points, or 0.5 percent, to 16,569.28. It's the first time the blue chip index has posted a gain since July 28.
The Standard & Poor's 500 index rose 13.84 points, or 0.7 percent, to 1,938.99 and the Nasdaq composite added 31.25 points, or 0.7 percent, to 4,383.89.
Berkshire Hathaway, the company run by Warren Buffett, helped give the market an early boost Monday.