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M. Continuo

Wall St rises on resources, banks, data


    NEW YORK (Reuters) - U.S. stocks extended gains on Monday, pushing major indexes up 1 percent as investors snapped up shares of natural resource companies and banks after fresh data pointed to signs of economic stabilization.

    * Market sentiment was underpinned by reassuring bank results from Europe, and the S&P 500 flirted with the key 1,000 level. Earlier it rose as high as 999.65, a nine-month high.

    * The Dow Jones industrial average gained 82.76 points, or 0.90 percent, to 9,254.37. The Standard & Poor's 500 Index rose 10.70 points, or 1.08 percent, to 998.18. The Nasdaq Composite Index added 17.08 points, or 0.86 percent, to 1,995.58.

    (Reporting by Leah Schnurr; Editing by Padraic Cassidy)