Wall St ends at '09 highs on recovery bets
U.S. stocks rose on Monday, sending indexes to fresh closing highs for 2009, as optimism about the economic recovery lifted shares of technology, energy and industrial companies, offsetting a drop in airline shares amid security worries.
* Investors were also optimistic that the year-end holiday shopping season could prove stronger than initially expected.
* Trading was choppy, with most market participants away on vacation. Indexes see-sawed for most the day, but then mounted a late advance to end in positive territory.
* The Dow Jones industrial average <.DJI> rose 26.98 points, or 0.26 percent, to end unofficially 10,547.08. The Standard & Poor's 500 Index <.SPX> added 1.30 points, or 0.12 percent, to finish unofficially at 1,127.78. The Nasdaq Composite Index <.IXIC> advanced 5.39 points, or 0.24 percent, to close unofficially at 2,291.08.
* Both the Dow and the S&P 500 marked their highest closes in 14 months, and the Nasdaq notched its highest close in 15 months. (Reporting by Ellis Mnyandu; Editing by Jan Paschal)
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