US STOCKS SNAPSHOT-Wall Street gains on China optimism, earnings

Workers move a Google logo during the opening of the new Alphabet’s Google Berlin office in Berlin, Germany, January 22, 2019. REUTERS/Hannibal Hanschke

(Reuters) – Wall Street gained on Monday, with technology shares leading the advance as investors were optimistic about the prospects for U.S.-China trade relations and quarterly earnings reports.

The Dow Jones Industrial Average rose 175.82 points, or 0.7 percent, to 25,239.71, the S&P 500 gained 18.33 points, or 0.68 percent, to 2,724.86 and the Nasdaq Composite added 83.67 points, or 1.15 percent, to 7,347.54.

Reporting by April Joyner; Editing by Susan Thomas

Our Standards:The Thomson Reuters Trust Principles.

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