Stocks rose on Monday after data showed the services sector expanded more than forecast in September, following 11 months of contraction.
The Institute for Supply Management's non-manufacturing index for September read 50.9 compared to 48.4 in August, which was its eleventh month below the 50 reading that separates contraction from growth.
The Dow Jones industrial average <.DJI> gained 47.01 points, or 0.50 percent, to 9,534.68. The Standard & Poor's 500 Index <.SPX> rose 8.52 points, or 0.83 percent, to 1,033.73. The Nasdaq Composite Index <.IXIC> added 14.37 points, or 0.70 percent, to 2,062.52.
(Editing by Jeffrey Benkoe)