NEW YORK (AP) — Stocks are climbing on Wall Street in midday Monday trading, clawing back more than a third of their losses from last week. The S&P 500 was up 1%, driving decisively higher after a much healthier-than-expected report on the housing market shook the market from its wobbly start. European stocks had similar fluctuations before pushing higher, while many Asian markets finished with losses. Treasury yields were holding relatively steady. Gains for Boeing and Apple in particular helped to lift Wall Street indexes. Stocks of smaller companies also jumped more than the rest of the market.
