NEW YORK — U.S. stocks climbed on Monday, with the S&P 500 extending its longest win streak since July, after Chinese exports beat projections and as investors anticipated the unveiling of Apple Inc.’s new iPhone models.
The Dow Jones industrial average finished up 140.62 points, or 0.9 percent, at 15,063.12, its best performance in more than eight weeks. Caterpillar Inc. led gains among Dow components after the Chinese government reported exports rose 7.2 percent in August from the year-earlier period.
Helping lift equities to afternoon highs were reports related to Syria, with Russian Foreign Minister Sergei Lavrov reported saying his nation had called on Syria to relinquish its chemical-arms stockpile if the move would help prevent a U.S.-led military strike. A top aide to President Barack Obama said the White House would take a “hard look” at Russia’s proposal for Syria to put its chemical weapons under international control.
The Standard & Poor’s 500 index climbed 16.54 points (1 percent) to 1,671.71. The Nasdaq composite index rose 46.17 points (1.3 percent) to 3,706.18.