All three major stock benchmarks ended sharply higher Monday, kicking off the week with gains as shares in the financials sector jumped. The Dow Jones Industrial Average
DJIA,
+1.98%

closed up almost 619 points, or about 2%, while the S&P 500
SPX,
+1.86%

climbed around 1.9% and the Nasdaq Composite
COMP,
+1.59%

rose about 1.6%, according to preliminary FactSet data. The financials sector booked the biggest gains in the S&P 500 index, rising around 3.2% Monday, as Wall Street banks JPMorgan Chase & Co.
JPM,
+6.19%

and Citigroup Inc.
C,
+6.07%

each jumped around 6%, preliminary FactSet data show.

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