U.S. stocks closed higher by nearly 1 percent or more Monday as investors eyed earnings and a heavy week of economic reports. In U.S. economic news, October ISM manufacturing was 50.1, slightly beating expectations of 50.0 but posting a fourth-straight monthly decline. Construction spending rose 0.6 percent in September. The dollar traded mildly lower against major world currencies. Light sweet crude oil for December delivery dropped 45 cents to $46.14 a barrel on the New York Mercantile Exchange, while gold futures fell $5.50 to $1,135.90 an ounce. The Dow Jones industrial average gained 152, or 0.86 percent, to 17,816. The broader Standard & Poor's 500 index climbed 24, or 1.16 percent, to 2,103. The technology-heavy Nasdaq composite index added 70, or 1.4 percent, to 5,124.
