Major U.S. stock indexes closed broadly higher on Monday after a jump in oil prices led to big gains in energy stocks. Exxon Mobil rose 2.5 percent and Chevron jumped 3.4 percent.

Major U.S. stock indexes closed broadly higher on Monday after a jump in oil prices led to big gains in energy stocks. Exxon Mobil rose 2.5 percent and Chevron jumped 3.4 percent.

On Monday:

The Dow Jones industrial average gained 196.09 points, or 1.1 percent, to 17,361.04.

The Standard & Poor's 500 index rose 25.86 points, or 1.3 percent, to 2,020.85.

The Nasdaq composite rose 41.45 points, or 0.9 percent, to 4,676.69.

For the year:

The Dow is down 462.03 points, or 2.6 percent.

The S&P 500 index is down 38.05 points, or 1.9 percent.

The Nasdaq is down 59.37 points, or 1.3 percent.