U.S. stocks were up after the closing bell on Monday.

At the close of U.S. trade, the Dow Jones Industrial Average rose 1.9%, the S&P 500 index gained 2.18%, while the Nasdaq 100 index climbed 1.40%.

Earlier in the day, official data showed that Manufacturing activity in the State of New York fell more-than-expected to a seasonally adjusted -7.70 last month from -3.80 in the preceding month.

Analysts had expected Empire State manufacturing activity to fall -0.40 last month.

Meanwhile, across the Atlantic, European stock markets closed higher. France’s CAC 40 was up 0.78%; Germany’s DAX gained 0.41%; Britain’s FTSE 100 climbed 0.57%; and the EURO STOXX 50 rose 0.74%. Read More