Stocks Ended Higher as Oil Staged Modest Rebound

U.S. stocks ended higher on Monday, as a modest rebound in crude-oil prices helped lead the main stock indexes higher. The Dow Jones Industrial Average added 103.29 points, or 0.60%, to 17,368.50. The S&P 500 gained 9.57 points, or 0.48%, to 2,021.94. The Nasdaq Composite rose 18.76 points, or 0.38%, to 4,952.23.

The Boeing board of directors has raised the company’s authorization for its share repurchase program to $14 billion and declared that the company’s quarterly dividend will increase 20 percent to $1.09 per share.

U.S. crude rose nearly 2 percent Monday, recovering slightly after moving within a hair of 11-year lows. Brent futures for January delivery settled down 1 cent at $37.92 a barrel. U.S. crude rose 69 cents, or 1.94 percent, to $36.31.

After months of anguished speculation, global investors, small businesses, politicians and economic wonks are bracing for impact as the U.S. Federal Reserve appears determined this week to raise a key short-term interest rate target for the first time since it flattened borrowing costs after the global financial system melted down in 2008.