The US Federal Reserve's accommodative move last week to cut the number of expected rate hikes this year to 2 was the latest among a slew of measures by central banks to support growth and calm the turmoil in global financial markets
Fed's tempered view on interest rates, a weakened dollar, rising oil prices whetted investors' risk appetite
Fed left rates unchanged, pointed to moderate US economic growth, strong job gains but cautioned about risks from an uncertain global economy
All 10 major S&P sectors were higher, led by a 2.16 percent rise in energy
The Dow Jones industrial average rose 30.48 points, or 0.18%
The Dow Jones industrial average fell 63.21 points, or 0.37%
Overall bonus pool fell 6% to $25 billion at broker-dealer operations of New York Stock Exchange member firms
Crude prices were up more than 1% on Monday
Jobless claims unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market
Data showed US crude stockpiles touched record highs
The data will factor into the U.S. Federal Reserve's decision on further interest rate hikes this year
The plan would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers
Host of data next week, highlighted by the monthly jobs report, will be looked at for signs of an improving economy
Data showed the US economy grew 1% in the fourth quarter, higher than the 0.7% reported last month.
Also, oil prices steadied
Crude prices slid after top producer Saudi Arabia ruled out production cuts to help tackle a global glut
Dow Jones industrial average fell 47.46 points, or 0.29%, to 16,573.2
All 10 major S&P sectors were higher, led by a 2% rise in both energy and materials sectors
Investors have been poised to watch the Federal Reserve for clues about the US central bank's next move
Dow Jones industrial average fell 25 points, or 0.15%, to 16,388.43