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(Close): US stocks closed higher on Monday, extending strong gains made on Friday.

The Dow Jones rose 16.05 points to close at 16,569.98 while the broader S&P 500 gained 5.33 points to end at 1,936.92.

The tech-heavy Nasdaq index added 30.43 points, or 0.70%, to finish at 4,401.33.

It was led higher by a 27.44% gain in China Hgs Real Estate shares, adding to a sharp gain on Friday.

The Chinese real estate developer reported a four-fold rise in third-quarter revenue to $28.9m last week. The news lifted shares which on Thursday had closed an 18-month low of $2.10.

Shares in travel firm Priceline also saw gains after the company reported better than expected earnings. The company's stock price rose 2.16% to close at 27.72.

Despite revelations of a spat between technology giant Amazon and Disney, shares in both firms ended the day slightly higher.

The Wall Street Journal reported on Monday that Amazon had halted some Disney DVD pre-orders, but did not say exactly why the two firms were feuding.