Dow rallies 580 points for best day since March as market roars back from post-Fed sell-off; European stocks close higher amid a choppy start to the week 
U.S. stocks climbed on Monday as the market recouped some of the steep losses caused by the Federal Reserve’s policy shift. 
The Dow Jones Industrial Average jumped 586.89 points, or nearly 1.8%, to 33,876.97 to post its best day since March 5. The blue-chip benchmark rebounded from what was its worst week since October. The S&P 500 gained 1.4% to 4,224.79, sitting within 1% from its record high after Monday’s comeback rally. The Nasdaq Composite was the relative underperformer with a 0.8% gain to 14,141.48 as some key tech names including Amazon, Tesla, Nvidia and Netflix registered losses. 

European stocks reversed earlier losses to close higher on Monday, following jitters in global markets over a more hawkish tone from the U.S. Federal Reserve. 
The pan-European Stoxx 600 ended the session up by 0.7%, having lost more than 0.8% at the start of trading. Autos added 3% to lead gains as almost all sectors and major bourses finished in positive territory. 
Source: CNBC