S&P Market News Update : Epic Research Singapore

U.S. stocks rallied on Monday and recouped some of the heavy losses from last week’s rout, but investors remained cautious over the timing of the Federal Reserve’s interest-rate hikes.

The S&P 500 SPX +0.72%   closed 13.8 points, or 0.7%, higher at 1,938.99, its first gain in three sessions. 

The Dow Jones Industrial Average DJIA +0.46%   added as much as 102 points during the session, before finishing the day 75.91 points, or 0.5%, higher at 16,569.28 and snapping a four-day losing streak. 

The Nasdaq Composite COMP +0.72%  rose 31.25 points, or 0.7% to 4,383.89.

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