The Dow Jones industrial average rose 126 points in Monday trading to close at 16,510.

The S&P 500 rose nine points to 1,967.

The Nasdaq rose two points to 4,829.

The LABJ Stock Index was flat at 224.

Gainers and Losers

Among local stocks trading above $1, Ritter Pharmaceuticals Inc., a developer of drugs to treat lactose intolerance, was the biggest local gainer. Shares of the company rose 19 percent on the day, closing at $2.99. It was also the biggest gainer on Friday.

Monday’s biggest loser was Broadway Financial Corp., the Mid-Wilshire parent of Broadway Federal Bank. Shares fell 34 percent on the day, closing at $1.37.