March 04, 2013 at 18:53 PM EST
Stocks Stage Second Straight Upside Reversal
Stocks mustered gains for a second straight session Monday, thanks to another late-day reversal. The S&P 500 climbed 0.5%, closing at its best level since its Feb. 19-20 high. The Nasdaq and the NYSE composite rose 0.4% and 0.3%, respectively. All three closed at their session highs. Stocks pulled an 180-degree turn Monday. Fears of U.S. government spending cuts and China's lackluster economic data, as well as plans to curb that country's real
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