The Dow extended gains on Monday, up 1 percent by afternoon trade, buoyed by big consumer staples stocks as Wall Street turned defensive.

The Dow Jones industrial average <.DJI> was up 131.96 points, or 1.01 percent, at 12,981.55. The Standard & Poor's 500 Index <.SPX> was up 4.26 points, or 0.31 percent, at 1,374.52. The Nasdaq Composite Index <.IXIC> was down 16.36 points, or 0.54 percent, at 2,994.97.

(Reporting By Angela Moon; Editing by Jan Paschal)