The Dow Jones Industrial Average added 351.82 points, or 0.98 percent, to 36,302.38. The S&P 500 rose 65.40 points, or 1.38 percent, to 4,791.19. The Nasdaq Composite Index increased 217.89 points, or 1.39 percent, to 15,871.26.
All the 11 primary S&P 500 sectors ended in green, with energy and technology up 2.24 percent and 2.18 percent, respectively, leading the gains.
U.S.-listed Chinese companies traded lower with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
The above market reactions came as Omicron fears moderated.
"Investors continue to watch the rising Omicron case count. But the symptoms of the variant continue to appear mild. And the economic impact has been muted," Kevin Matras, executive vice president at Zacks Investment Research, said Monday in a note.
For the holiday-shortened trading week ending Thursday, the Dow and the S&P 500 rose 1.7 percent and 2.3 percent, respectively, while tech-heavy Nasdaq jumped 3.2 percent. U.S. financial markets were closed on Friday in observance of Christmas.
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