NewsWatch: S&P 500 scores best day gain in about 9 months, as March kicks off with brighter economic outlook

U.S. stock-market benchmarks closed sharply higher Monday, with some strategists attributing the enthusiasm to a cool-down of last week’s rapid rise in bond yields that had unsettled the bullish mood on Wall Street.

U.S. stock-market benchmarks closed sharply higher Monday, with some strategists attributing the enthusiasm to a cool-down of last week’s rapid rise in bond yields that had unsettled the bullish mood on Wall Street.