BP Plc fell 1.96 dollars per share, or 3.76 percent, to 50.19 dollars on the New York Stock Exchange after the energy giant promised to pay for the cleanup and compensation claims for a catastrophic oil spill threatening the U.S. Gulf shore.

Shares of Goldman Sachs rebounded near 3 percent as billionaire investor Warren Buffett said on Sunday that the investment bank's behavior does not warrant public fury.

The Dow Jones industrial average was up 143.07 points, or 1.30 percent, to 11,151.68. The Standard & Poor's 500 index rose 15.55 points, or 1.31 percent, to 1,202.24. The Nasdaq composite index climbed 37.55 points, or 1.53 percent, to 2,498.74.

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