Stocks jump as relieved investors buy bank, insurance, tech

NEW YORK — US stocks are jumping Monday, following global markets higher, after Hurricane Irma weakened without causing as much damage as many had feared. Travel companies and insurers are also rising.

Home-improvement companies like Lowe's and Home Depot, which rallied last week, fell. Bond prices fell, sending yields higher. There was also relief among investors that a national holiday passed in North Korea without that country escalating tensions with the U.S.

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