Stocks climbed on Monday after a bidding contest erupted for discount retailer Family Dollar and as concerns eased about the situation in Ukraine.On Monday:The Dow Jones industrial average rose 175.83 points, or 1.1 percent, to 16,838.74.The Standard & Poor’s 500 index rose 16.68 points, or 0.9 percent, to close at 1,971.74.The Nasdaq composite rose 43.39 points, or 1 percent, to 4,508.31.For the year:The Dow is up 262.08 points, or 1.6 percent.The S&P 500 index is up 123.38 points, or 6.7 percent.The Nasdaq is up 331.72 points, or 7.9 percent. (***) …read more
Source: The Jakarta Post
