STOCKS RALLY: Here's what you need to know

Stocks rallied on Monday following the second-worst week of the year in which the S&P 500 fell 1.4%.

Here's the scoreboard:

• Dow: 21,989.53, +131.21, (0.60%)
• S&P 500: 2,464.61, +23.29, (0.95%)
• Nasdaq: 6,334.20, +77.65, (1.24%)

1. Merck CEO Kenneth Frazier resigned from President Donald Trump's manufacturing council after the president did not explicitly condemn white supremacists in a Saturday statement. "As CEO of Merck, and as a matter of personal conscience, I feel a responsibility to take a stand against intolerance and extremism," Frazier said following violent protests in Charlottesville over the weekend.
2. VF Corp, the owner of Vans, is buying the maker of Dickies for about $820 million in cash. VF said it now expects its 2017 revenue to rise 3.5% to $11.85 billion, which includes about $200 million from Williamson-Dickie.
3. Snap gained as much as 7% right before shares held by company insiders become available for trading for the first time. The newest so-called lockup expires Monday.
4. Nvidia spiked after a top analyst raised his price target on the stock. Canaccord Genuity's Matthew Ramsey lifted his price target to $190 a share and said the post-earnings sell-off was the "pullback that folks have been waiting for..."

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