Dow Ends Day Up 354

Stocks rose broadly on Wall Street after taking big losses last week, the AP reports. Technology companies recovered some of their recent losses on Monday. Microsoft climbed 3.3%. Retailers and travel companies also climbed on the first full trading day of the holiday shopping season. Amazon jumped 5.3%. General Motors surged 4.8% after saying it will lay off 14,000 workers in North America as it refocuses on autonomous and electric vehicles. Banks rose as interest rates turned higher. Citigroup jumped 3.2%. The S&P 500 index rose 40 points, or 1.6%, to 2,673. The Dow Jones Industrial Average gained 354 points, or 1.5%, to 24,640. The Nasdaq climbed 142 points, or 2.1%, to 7,081. (More stock market stories.)