The stock market returned to record levels on Monday as investors regained their appetite for riskier stocks. After beating down Internet and small companies for two months, investors decided that those stocks had fallen enough. Among the big gainers were Twitter and Facebook, which had plunged in March and April. The Russell 2000, an index made up of small companies, climbed the most in two months.
The Dow Jones industrial average rose 112.13 points, or 0.7 percent, to 16,695.47.
The Standard & Poor’s 500 index rose 18.17 points, or 1 percent, to 1,896.65.
The Nasdaq composite rose 71.99 points, or 1.8 percent, to 4,143.86.
For the year:
The Dow is up 118.81 points, or 0.72 percent.
The S&P 500 index is up 48.29 points, or 2.61 percent.
The Nasdaq is down 32.73 points, or 0.78 percent