Wall Street closes at highs its 3rd positive day

FXStreet (San Francisco) - US stocks closed Monday at highs as it seems calm is returning to markets. Major indexes recovered from earlier losses and closed positive. The Dow was dragged by the IBM's big lost on the day.

THe Dow Jones advanced 19.26 points or 0.12% to finish at 16,399.67; the S&P 500 added 17.26 pts or 0.91% to close the day at 1,904.01; while the Nasdaq Composite won 57.64 pts or 1.35% to 4,316.07.