A positive report on U.S. manufacturing overshadowed concerns about weaker global growth and lifted stocks to multi-year highs Monday. The gain added to the best first quarter for stocks in more than a decade.

The Dow Jones industrial average rose 52.45 points, or 0.4 percent, to close at 13,264.49.

The Standard & Poor's 500 index rose 10.57, or 0.8 percent, to 1,419.04.

The Nasdaq composite average gained 28.13, or 0.9 percent, to 3,119.70.

For the year:

The Dow is up 1,046.93 points, or 8.6 percent.

The S&P 500 is up 161.44, or 12.9 percent.

The Nasdaq is up 514.55, or 19.8 percent.