NEW YORK: Wall Street stocks finished solidly higher on Monday , recovering some of last week's losses amid improved investor sentiment as Boeing shares surged on progress in returning the 737 MAX to service.AdvertisementThe broad-based S&P 500 gained 1.47 per cent to 3,053.24, while the tech-rich Nasdaq Composite Index advanced 1.20 per cent to 9,874.15.
While new COVID-19 cases remained at a high level Monday, analysts expect a spate of major economic data releases this week will show sequential improvement from very weak levels. Among individual companies, Boeing led the Dow, surging 14.4 per cent as the Federal Aviation Administration undertook a long-awaited certification flight of the 737 MAX, which has been grounded since March 2019 following two deadly crashes.