Markets Start the Week Strong

Stocks surged on Wall Street Monday as the market clawed back some of its massive losses from last week. The Dow rose 410 points, or 1.7%, to 24,601, and it was up as much as 574 points earlier, per the AP. The broader Standard & Poor's 500, which many index funds track, rose 36 points, or 1.4%, to 2,656. The Nasdaq composite gained 107 points, or 1.6%, to 6,981. The gains Monday came after the market slumped into a 'correction' last week for the first time in two years. Technology companies and banks, some of the biggest winners over the past year, rose up the most. Apple jumped 4%, Bank of America 2.6%, and Amazon 3.5%. (More stock market stories.)