US stocks jump as Credit Suisse deal eases worries

U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors. Participants also weighed the likelihood of a pause in rate hikes from the Federal Reserve this week. The Dow Jones Industrial Average gained 1.2 percent, the S&P 500 rose 0.9 percent and the Nasdaq Composite index climbed 0.4 percent.