Dow ends over 350 points higher as tech stocks take a breather

The Dow Jones Industrial Average jumped Monday, as shares of previously beaten down or lagging cyclical sectors saw renewed investor interest at the expense of highflying tech shares.

Investors were also assessing the outlook for coronavirus aid after President Donald Trump signed executive orders over the weekend that would extend a number of measures. The Dow DJIA, +1.30% rose around 358 points, or 1.3%, to close near 27,792, according to preliminary figures, while the S&P 500 SPX, +0.27% gained around 9 points, or 0.3%, to finish near 3,361. The tech-heavy Nasdaq Composite COMP, -0.38% fell by around 43 points, or 0.4%, ending near 10,968.

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