Stocks Rallied, Nasdaq Ended in the Green for 2015

U.S. stocks closed more than 1.5 percent higher on Monday, as investors digested the implications of the jobs data on the timing of a rate hike and awaited quarterly earnings. The Dow Jones Industrial Average jumped 304.06 points, or 1.85%, to 16,776.43. The S&P 500 gained 35.69 points, or 1.83%, to 1,987.05. The Nasdaq Composite advanced 73.49 points, or 1.56%, to 4,781.26 and turned positive for the year.

Google Inc. has invested in a new round of funding for Symphony Communication Services LLC that values the Wall Street-backed messaging company at about $650 million, people familiar with the matter said.

DuPont (DD) reduced its full-year outlook and announced the retirement of long-time CEO Ellen Kullman, effective Oct. 16. The company lowered its full-year earnings per share estimate to $2.75 from $3.10 previously, which it blamed on a strengthening U.S. dollar, as well as increased competition and macroeconomic issues in Brazil.

General Mills Inc. (GIS) said Monday it is voluntarily recalling several days of production of its Cheerios and Honey Nut Cheerios cereal produced at its Lodi, California facility on certain dates in July because they contain wheat, a known but undeclared allergen.

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