The gains have lifted the S&P 500 out of its bear market, which would officially end with the index closing above 2,684.88.
Some researchers say the state of Illinois could help private employers avoid 100,000 layoffs or more by tapping into newly approved federal stimulus money.
The S&P 500, which was close to exiting its bear market, ended the session modestly lower.
The IRS and online tax preparation company TurboTax have teamed up to help some Americans get their stimulus checks faster.
The number of new cases over the weekend in New York City, the U.S.’s epicenter for the virus, rose by 30.4 percent versus last week, down from a 46.1 percent jump the week prior.
The major futures indexes are indicating a decline of 1.3 percent when trading begins.
The promotion runs through June 30.
The company will also be ending emergency leave pay and suspending use of company-provided paid time off benefits.
Grupo Modelo, the producer of the beer, announced the suspension in a press release on Friday.
The Walt Disney Company on Thursday announced it will begin furloughs of non-union park employees at its parks in California and Florida.
Target is taking new steps to combat the spread of coronavirus at its stores.
Grocery store chain Kroger has announced it will pay all hourly frontline employees extra during the COVID-19 pandemic.
Eligible team members will receive a $500 bonus, payable during the first week of July.
On their website, Trader Joe's said, "All Trader Joe's Stores will be CLOSED on Easter Sunday, April 12th to give our incredible Crew Members a much needed day of rest."
The Dow, which through Monday had fallen almost 22 percent this year, was on track for its biggest quarterly decline since 1987.
The national retailer said it will also be offering gloves and masks to associates as supplies permit.
Scott Martin, Chief Investment Officer at Kingview Wealth Management, joins the show to talk about the horrible first quarter for stocks brought on by the coronavirus.
Monday’s advance comes after President Trump on Sunday evening announced the extension of social distancing guidelines through at least April 30.
Ford announced Monday it will build 50,000 ventilators in the next 100 days to help the U.S. reach its goal of building 100,000 ventilators by July 4.
Celebrity chef Rick Bayless has launched an effort to help restaurant workers who have been laid off during the coronavirus pandemic.