Reports due this week include Intel, Johnson & Johnson and New York bank Goldman Sachs, where profits were likely to exceed the $1.66 billion reported in the first quarter, The New York Times reported.
In early-afternoon trading, the Dow Jones industrial average rose 133.01 points, or 1.63 percent, to 8,279.53. The Standard & Poor's 500 rose 1.78 percent, 15.66 points, to 894.79. The Nasdaq composite index added 23.55 points, 1.34 percent, to 1,779.58.
The benchmark 10-year U.S. Treasury bond fell 3/32 to yield 3.308 percent.
The euro rose to $1.3978, compared to Friday's $1.3949. Against the Japanese yen, the dollar rose to 92.68 yen, compared to Friday's 92.42 yen.
In Tokyo, the Nikkei average lost 236.95 points to 9,050.33, off 2.55 percent.
In London, the FTSE 100 index gained 1.82 percent, 74.96, to 4,202.13.
Copyright 2009 by United Press International.
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