Stock indexes rose Monday to close at the highest point since the U.S. debt limit showdown in August. The market was driven higher by a round of big corporate takeovers and reports that Europe's bailout fund will be larger than originally thought. The Nasdaq composite turned positive for the year.
The Dow Jones industrial average gained 104.83 points, or 0.9 percent, at 11,913.62.
The S&P 500 rose 15.94, or 1.3 percent, to 1,254.19.
The Nasdaq composite gained 61.98, or 2.3 percent, to 2,699.44.
For the year to date:
The Dow is up 336.11, or 2.9 percent.
The S&P 500 is down 3.45, or 0.3 percent.
The Nasdaq is up 46.57, or 1.8 percent.