The moves followed a sharp pullback on Wall Street on Friday. All three major indexes posted their worst weekly declines in months, ending a run of positive market moves. The declines were exacerbated Friday after July’s jobs report came in weaker than expected,

The S&P 500 jumped 1.3% in afternoon trading to claw back more than two thirds of Friday's drop. The Dow Jones Industrial Average was up 493 points, or 1.1%, as of 2:01 p.m. Eastern time, and the Nasdaq composite was 1.8% higher.