Wall Street market report
|London | Wall Street | Asia|
(Close): US stocks closed higher on Monday, extending strong gains made on Friday.
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.
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.