Major U.S. stock indexes closed broadly higher on Monday after a jump in oil prices led to big gains in energy stocks. Exxon Mobil rose 2.5 percent and Chevron jumped 3.4 percent.

On Monday:

The Dow Jones industrial average gained 196.09 points, or 1.1 percent, to 17,361.04.

The Standard & Poor's 500 index rose 25.86 points, or 1.3 percent, to 2,020.85.

The Nasdaq composite rose 41.45 points, or 0.9 percent, to 4,676.69.

For the year:

The Dow is down 462.03 points, or 2.6 percent.

The S&P 500 index is down 38.05 points, or 1.9 percent.

The Nasdaq is down 59.37 points, or 1.3 percent.