• Updated

U.S. stocks rose following sharp swings that shook financial markets overnight, including tumbles for Asian stocks. The S&P 500 added 0.5% Monday to snap a three-day losing streak and finish just shy of its record set last week. The Dow Jones Industrial Average climbed 1.1%, and the Nasdaq composite gained 0.6%. Silver erased a 9% loss from the overnight hours to briefly pull higher, before dropping again. Gold briefly sank below $4,500 per ounce. Oil prices fell, and Treasury yields rose following a report on U.S. manufacturing that was better than economists expected.