New York - US stocks rose across the board Monday led by financial listings and a strong performance by home improvement retailer Lowe's, restoring some of the losses from late last week.

Bank of America rallied 9.9 per cent after analysts recommended the embattled company for its progress in raising capital and for finishing another "solid" quarter in the mortgage and capital markets businesses. Government regulators have urged Bank of America to raise 33.9 billion dollars to weather up to two years of recession.

Lowe's rose 8.1 per cent after reporting a smaller-than- anticipated decline in first-quarter earnings. Its bigger rival, Home Depot Inc, was up 6.6 per cent.

The blue-chip Dow Jones Industrial Average rose 235.44 points, or 2.85 per cent, to 8,504.08. The broader Standard & Poor's 500 Index climbed 26.83 points, or 3.04 per cent, to 909.71. The technology- heavy Nasdaq Composite Index added 52.22 points, or 3.11 per cent, to 1,732.36.

The US currency fell against the euro to 73.73 euro cents from 74.13 euro cents on Friday. The dollar dropped against the Japanese currency to 96.26 yen from 95.14 yen.(dpa)