⁍ U.S. stocks surged on Monday, bouncing back from the longest weekly losing streak in a year for the S&P 500 and the Dow.

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⁍ All of the 11 major S&P 500 sectors rose in early trading, while the S&P 500 banks index .SPXBK jumped 2.1%.

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⁍ Travel-related shares including Delta Air Lines DAL.N, United Airlines UAL.O and American Airlines Group Inc AAL.O rose between 2.5% and 3%.

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– US stocks surged on Monday, bouncing back from the longest weekly losing streak in a year for the S&P 500 and the Dow, with technology, banks, and travel shares leading the advance. All of the 11 major S&P 500 sectors rose in early trading, while the S&P 500 banks index .SPXBK jumped 2.1% and was on track for its best day in one month, reports Reuters. Travel-related shares including Delta Air Lines, United Airlines, and American Airlines Group Inc AAL.O rose between 2.5% and 3%. “All of this data reminds investors that we’re not headed for a new bear market or a new recession,” Sam Stovall, chief investment strategist at CFRA in New York, tells Reuters.