By Sinead Carew
NEW YORK (Reuters) - U.S. stocks rose on Monday with technology and healthcare shares leading the way as investors appeared less concerned about possible retaliation for the U.S.-led missile attack in Syria.
The weekend's air strikes marked the biggest intervention by Western countries against Syrian President Bashar al-Assad and his ally Russia, which is facing further economic sanctions over its role in the conflict.
The gains on Wall Street were broad-based as investors appeared to shift focus to the U.S. earnings season in which corporate tax cut benefits are expected to be a highlight.
"The catalyst had been the concern about trade issues, which is calming down. The bombing in Syria looks to be an event rather than an ongoing thing and it was a coalition," said Jeffrey Carbone, managing partner, Cornerstone Wealth, in Huntersville, North Carolina. "Now we get to concentrate on fundamentals ... Earnings is kicking in and the economic data is still good and shows an accelerating economy."
At 2:26 p.m. ET, the Dow Jones Industrial Average <.DJI> rose 227.2 points, or 0.93 percent, to 24,587.34, the S&P 500 <.SPX> gained 22.91 points, or 0.86 percent, to 2,679.21 and the Nasdaq Composite <.IXIC> added 51.62 points, or 0.73 percent, to 7,158.27.
Shares of optical components makers, including those of Acacia Communications
JB Hunt Transport Services
Bank of America
Advancing issues outnumbered declining ones on the NYSE by a 2.75-to-1 ratio; on Nasdaq, a 2.04-to-1 ratio favored advancers.
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