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Stocks followed energy prices higher Monday in light trading. Investors placed money in energy, industrial and materials stocks as crude oil rose $2.33 to $71.49 a barrel. Energy prices tend to rise when investors are hopeful for an economic recovery.
The Dow Jones industrial average rose 90.99, or 1.1 percent, to 8,529.38.
The Standard & Poor's 500 index rose 8.33, or 0.9 percent, to 927.23.
The Nasdaq composite index rose 5.84, or 0.3 percent, to 1,844.06.
For the year:
The Dow is down 247.01, or 2.8 percent.
The S&P is up 23.98, or 2.7 percent.
The Nasdaq is up 267.03, or 16.9 percent.
