Stocks are holding near their intraday highs as trading enters the last hour on Monday.
The advance continues to be led by banking and real estate stocks, with the S&P Banks Index up 14.2 percent and the Morgan Stanley REIT Index up 10.3 percent.
Steel, brokerage, and housing stocks are also posting notable gains. The Amex Steel Index is up 8.8 percent, while the Amex Securities Broker/Dealer Index and the Philadelphia Housing Index are both up 8.7 percent.
Currently, the Dow is up 377.85 at 7,656.23, the Nasdaq is up 68.39 at 1,525.66, and the S&P 500 is up 40.40 at 808.94.
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