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Stocks rebound on Europe hopes

Stocks rebound on Europe hopes

@CNNMoneyInvest May 21, 2012: 4:45 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney) -- A plunge in Facebook's stock didn't faze the broader U.S. market Monday. U.S. stocks bounced back from their worst week of the year on renewed optimism that European leaders would find a way out of the sovereign debt crisis.

The Dow posted its biggest gain in over a month, while the S&P 500 delivered its best performance in over two months. The tech-heavy Nasdaq enjoyed its best gains of the year.

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