The Dow Jones Industrial Average traded 314.25 points higher, or 0.93% to close at 33,984.54, marking its best day since September. The S&P 500 climbed 1.06% to end the day at 4,373.63, while the Nasdaq Composite added 1.2% to 13,567.98.

Nike and Travelers Companies led the Dow higher on Monday with advances of around 2.1%. All 11 S&P 500 sectors traded higher in the session.

Earnings season heats up this week with 11% of the S&P 500 slated to report results. Some notable names on deck include Johnson & Johnson, Bank of America, Netflix and Tesla.

• Gold slipped -0.48%, but holds firm above key $1,900 per ounce level.
• Base metals are broadly higher thanks to a weaker dollar. Copper +0.31%, Nickel +0.08%, Aluminium -0.61%, Zinc +0.39%, Lead +1.37%, Tin +0.76%.
• Oil fell as expectations rose for the US and Venezuela could reach a deal soon easing sanctions on crude exports. Brent crude down 0.92%, and WTI down 0.87%.
• 10Y yield: US 4.71%, Australia 4.46%, and Germany 2.78%.

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