Stocks Ended Higher, Led by Technology Shares

U.S. stocks ended higher on Monday, with Mega-cap technology companies helping power the major indexes, as investors looked past rising U.S.-China tensions to focus on hopes of an economic rebound from the coronavirus-induced slowdown. The Dow Jones Industrial Average rose 26.07 points, or 0.11%, to 23,750. The S&P 500 gained 12.03 points, or 0.42%, to 2,842.74. The Nasdaq Composite rallied 105.77 points, or 1.23% to 8,710.71.

Oil futures settled higher on Monday, with U.S. prices back above $20 a barrel. June West Texas Intermediate oil CLM20, 8.04% rose 61 cents, or 3.1%, to settle at $20.39 a barrel. July Brent crude rose 76 cents, or 2.9%, to settle at $27.20 a barrel.