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US stocks climbed on Monday, giving the S&P 500 its biggest increase since May as indexes rebounded sharply from last week’s losses, buoyed by gains in commodity-related shares and optimism over Warren Buffett’s latest deal.
The Dow Jones industrial average rose 241.79 points, or 1.39 percent, to 17,615.17, the S&P 500 gained 26.61 points, or 1.28 percent, to 2,104.18 and the Nasdaq Composite added 58.25 points, or 1.16 percent, to 5,101.80.
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