U.S. stocks ended higher on Monday amid hopes that efforts to reopen the economy would continue to make progress. The Dow Jones Industrial Average advanced 153.50 points, or 0.59%, to 26,024.96. The S&P 500 rose 20.12 points, or 0.65%, to 3,117.86. The Nasdaq Composite gained 110.35 points, or 1.11%, to 10,056.47.
Oil prices finished higher Monday, as the improvement in the longer-term outlook prompted one major investment bank to raise its price targets for the commodity. West Texas Intermediate crude for July delivery added 71 cents, or 1.8%, to settle at $40.46 a barrel. Brent oil for August delivery rose 89 cents, or 2.1%, at $43.08 a barrel.
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