U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Monday.

The Dow traded up 0.44% to 52,105.66 while the NASDAQ rose 1.33% to 25,634.54.

The S&P 500 also rose, gaining, 0.79% to 7,412.29.

Leading and Lagging Sectors Communication services shares jumped by 2.4% on Monday.

In trading on Monday, materials stocks fell by 1.4%.