U.S. stocks strode higher on Monday, lifted by Hillary Clinton's widening lead in the U.S. presidential campaign and by a surge in oil prices, while sterling was under pressure on concerns Britain will make a hard exit from the European Union.
The Dow Jones industrial average .DJI closed up 88.55 points, or 0.49 percent, to 18,329.04. The S&P 500 .SPX rose 9.92 points, or 0.46 percent, to 2,163.66 and the Nasdaq Composite .IXIC added 36.27 points, or 0.69 percent, to 5,328.67.
Asian stocks rose, led higher by energy companies, as the prospect of a deal to limit crude output and tackle the global glut kept oil above $51 a barrel. The dollar climbed versus major peers as Treasuries retreated.
The dollar-denominated MSCI Asia Pacific Index, which counts Samsung as its third-biggest member, rose 0.2 percent by 10 a.m. Tokyo time, as more than four shares advanced for each that retreated.
Reference: Reuters, Bloomberg
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