Wall Street rallies as Fed's bond purchases may continue

Shares on Wall Street increased on Monday rising to their new highs with the local benchmark indexes capping sixth week of climbs as traders weighed industrial output data on speculation the Federal Reserve monetary stimulus may continue. The Standard & Poor's 500 Index added 0.4% to 1,798.18 as of 4 p.m. New York time and the Dow Jones Industrial Average rose 0.5% to 15,961.70.