U.S. stocks advanced Monday on signs of a slowdown in coronavirus deaths and new cases in some of the hardest-hit areas throughout the world.
The Dow Jones industrial average soared nearly 1,000 points. The Standard & Poor’s 500 rose 4.5%, after posting a third week of losses in the past four on Friday. All 11 sectors in the broad index were higher, led by gains in the utility, materials and technology sectors.