Wall Street rebounds as banks, energy surge; Dow up 230 pts

Trillium nearly triples on Pfizer's $2.26 bn deal; GM to take $1 bn hit on expanded Bolt EV recall, shares slip

Wall Street's main indexes rose on Monday, with banks and energy shares leading the gains, as investors returned to riskier assets after a sharp selloff last week that was fanned by worries about slowing economic growth.

Nine of the 11 major S&P sectors advanced in early trading.

Energy shares jumped 3.4% after losing 7.3% over the past week on fears new COVID-19 curbs would hit fuel demand.

Industrials and banks added 0.7% and 1.2%, respectively.

Pfizer jumped 3.9% after the U.S. Food and Drug Administration gave full approval to the COVID-19 vaccine made by it and German partner BioNTech SE for