U.S. stocks close higher on Monday

U.S. stocks ended higher on Monday.

The Dow Jones Industrial Average rose 337.47 points, or 0.71 percent, to 47,544.59. The S and P 500 added 83.47 points, or 1.23 percent, to 6,875.16.

The Nasdaq Composite Index increased 432.59 points, or 1.86 percent, to close at 23,637.46.

Nine of the 11 primary S and P 500 sectors ended higher, with communication services and technology leading the gainers by adding 2.30 percent and 2.02 percent, respectively. Meanwhile, consumer staples and materials led the laggards by losing 0.27 percent and 0.25 percent, respectively.

U.S. stocks close higher on Monday

China on Thursday sent a remote sensing satellite of Algeria into space, using a Long March-2C carrier rocket.

The remote sensing satellite was lifted off at 12:01 (Beijing Time) from the Jiuquan Satellite Launch Center in northwest China, and entered the preset orbit successfully.

The satellite will mainly be used in land planning and disaster prevention and control.

This launch was the 626th flight of the Long March carrier rocket series.

China launches remote sensing satellite for Algeria