Dow gets a 500-point boost | CNN Business

CNN  — 

Investors got some much-needed R&R over the weekend, apparently, because they came back to work Monday with smiles on their faces and a brighter outlook about the US economy.

The Dow rose 500 points, or 1.2%, on Monday. The broader S&P 500 rose 1.1% and tech-heavy Nasdaq rose 1%. Earlier in the afternoon, the Dow was up more than 600 points.

That’s in stark contrast to the mood from last week, when investors punished stocks in the lead-up to what Wall Street predicted would be a less-than-thrilling jobs report. On Friday, investors

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