The US stocks climbed up on Monday, 01 March 2021, with the S&P 500, the Dow index, and the broader Nasdaq all to settling higher, as encouraging updates on COVID-19 vaccines and fiscal stimulus bolstered bets over a swift economic recovery. At the close of trade, the Dow Jones Industrial Average index advanced 603.14 points, or 1.95%, to 31,535.51. The S&P500 index dropped 90.67 points, or 2.38%, to 3,901.82. The tech-heavy Nasdaq Composite Index added 396.48 points, or 3.01%, to 13,588.83. Major indices leapt at the open and remained in positive territory the entire day, as investors cheered the emergency use approval of Johnson & Johnson's single-dose Covid-19 vaccine by US regulators over the weekend, giving the nation a third shot to battle the world's worst outbreak.