U.S. stocks mounted a broad rally on Monday, snapping a three-day losing streak as investors moved past concerns that the terrorist attacks in Paris could spell big trouble for the global economy.
Oil and gas stocks were among the biggest gainers as the price of crude rose. Traders also bid up shares in defense contractors, while travel-related stocks slumped.
The gains followed a mixed day in European markets, which shook off an early loss and ended mixed.
All told, the Dow Jones industrial average rose 237.77 points, or 1.4 percent, to 17,483.01. The Standard & Poor's 500 index gained 30.15 points, or 1.5 percent, to 2,053.19. The Nasdaq composite added 56.73 points, or 1.2 percent, to 4,984.62.
Monday's rally helped lift the market following its biggest weekly loss since August.
The market action got off to a somber start as the New York Stock Exchange paused to observe a moment of silence shortly before the start of regular trading.
The major market indexes started lower but rebounded within the first 10 minutes as investors piled into consumer staples stocks, a category that includes Coca-Cola and household products maker Procter & Gamble.
Stocks wavered for a while, but began to climb steadily by midday as crude oil prices perked up, pushing up energy stocks.