New York, June 29 (Petra) -- Major US stock market indexes posted significant gains on Monday, while the US benchmark West Texas Intermediate (WTI) crude stabilized at $70.45 per barrel.

At the closing bell, the Dow Jones Industrial Average rose 306 points, or 0.59 percent, to finish at 52,182 points.

The tech-heavy Nasdaq Composite Index jumped 522 points, or 2.07 percent, to close at 25,820 points.

Meanwhile, the broad-market S&P 500 Index gained approximately 86 points, or 1.17 percent, to settle at 7,440 points.

//Petra// AF