U.S. stocks close higher as recovery rally continues

NEW YORK, Aug. 19 (Xinhua) -- U.S. stocks ended higher on Monday after all three major U.S. indexes notched their biggest weekly gains of the year, continuing the market's recovery as investors geared up for the highly anticipated Federal Reserve symposium later this week.

The Dow Jones Industrial Average rose 236.77 points, or 0.58 percent, to 40,896.53. The S&P 500 added 54.00 points, or 0.97 percent, to 5,608