U.S. stocks mounted a broad rally on Monday, snapping a three-day losing streak as investors moved past concerns that the terrorist attacks in Paris could spell big trouble for the global economy.
Oil and gas stocks were among the biggest gainers as the price of crude rose. Traders also bid up shares in defense contractors, while travel-related stocks slumped.
The gains followed a mixed day in European markets, which shook off an early loss and ended mixed.
Friday's attacks in Paris, which killed 129 people, are not likely to negatively affect the economies of the U.S. or Europe, said Scott Wren, senior global equity strategist for Wells Fargo Investment Institute....