S&P 500 rises on Monday to extend two-week comeback, Nasdaq adds 1% on tech rally; European stocks close higher as investors follow Ukraine developments 
The S&P 500 rose on Monday, extending two weeks of gain, as investors shook off recession concerns and bid tech shares higher. 
The Dow Jones Industrial Average rose 94.65 points to 34,955.89. The S&P 500 gained 0.7% to 4,575.52. The technology-focused Nasdaq Composite added 1.3% to 14,354,90, thanks to a 8% jump in Tesla. The S&P 500 hit its high of the session as crude oil hit its low of the day, down more than 11%. 
Tesla led technology shares higher after the EV maker said it wants to split its stock to pay a stock dividend. Tesla popped 8%. Other tech shares, which as a group have been among the worst performers so far this year, gained as well with Microsoft and Amazon higher. 

The pan-European Stoxx 600 provisionally closed up by 0.3%, with auto shares climbing 1.2% to lead the gains as most sectors and major bourses entered positive territory. Looking at individual stocks, shares of Rolls-Royce slumped 10% as speculation about a possible takeover faded. The stock rose as much as 19% late Friday. 
Source: CNBC, Investing.com