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U.S. stocks notched broad gains in afternoon trading Monday, on track to snap a three-day losing streak.

The rally suggests investors moved past any concerns that the terrorist attacks in Paris could spell trouble for the global economy.

European markets shook off an early loss and ended mixed. Investors bid up shares in energy companies as oil prices rose.

KEEPING SCORE: The Dow Jones industrial average rose 202 points, or 1.2 percent, to 17,447 as of 1:12 p.m. Mountain time. The Standard & Poor's 500 index gained 25 points, or 1.3 percent, to 2,048. The Nasdaq composite added 49 points, or 1 percent, to 4,977. The U.S. stock market is coming off its biggest weekly loss since August.

THE QUOTE: Some investors may be betting that Friday's attacks in Paris, which killed 129 people, won't have a meaningful long-term impact on the global economy.

"It all comes down to are consumers going to be staying at home and not out spending money because they're afraid that if they go anywhere they're going to be victims of a terrorist attack," said Scott Wren, senior global equity strategist for Wells Fargo Investment Institute.

"That might be the case if you saw a series of these things, but hopefully that's not what's going to happen and the economy is not going to be affected," he added. "The small upside we're seeing in the S&P 500 is reflective of that."

LOOKING AHEAD: The attacks may make it even more likely that the European Central Bank will expand its stimulus program at the conclusion of its December meeting, some analysts said. The attacks also drove speculation that the Federal Reserve could hold off on raising rates next month.

"At this juncture, it is easy to see that the Fed's intentions to 'normalize' monetary policy could be derailed by a combination of adverse domestic economic and external events," said Neil MacKinnon, global macro strategist at VTB Capital.

SECTOR VIEW: The 10 sectors in the S&P 500 index rose, with oil and gas stocks building the biggest gain as oil prices rose. The energy sector in the S&P 500 soared 2.7 percent, far more than the rest of the market. Energy has been the biggest laggard among industries this year, down 15.4 percent, as the price of oil has continued to slump.

ENERGIZED: Shares in several energy companies moved higher. Natural gas and coal producer Consol Energy added 51 cents, or 6.9 percent, to $7.91. Cabot Oil & Gas gained $1.43, or 6.9 percent, to $22.17, while Murphy Oil rose $1.04, or 3.6 percent, to $29.81.

OIL: Benchmark U.S. crude oil climbed $1, or 2.5 percent, to close at $41.74 a barrel in New York. Brent crude, used to price international oils, rose 9 cents, or 0.2 percent, to close at $44.56 a barrel in London. In other trading, wholesale gasoline was little changed at $1.239 a gallon, heating oil rose 0.4 cent to $1.385 a gallon and natural gas rose 2.4 cents to $2.385 per 1,000 cubic feet.

UP WITH DEFENSE: Investors bid up shares in several defense contractors. Northrop Grumman gained $6.72, or 3.8 percent, to $185.54, while Lockheed Martin added $6.24, or 2.9 percent, to $219.40. Raytheon rose $4.3, or 3.7 percent, to $121.56.

TRAVEL SLUMP: Some travel-related stocks moved lower. Priceline Group slid $36.50, or 2.8 percent, to $1,261.25, while Expedia declined $3.37, or 2.7 percent, to $121.83. Carnival fell 95 cents, or 1.8 percent, to $50.61. Delta Air Lines lost $1.01, or 2.1 percent, to $47.98.

HOTEL DEAL: Marriott International announced it is buying rival hotel chain Starwood for $12.2 billion in cash and stock. If completed, the deal would make Marriott the world's largest hotelier by a wide margin. Shares in Marriott rose 32 cents, or 0.4 percent, to $73.06. Starwood slid $3.27, or 4.4 percent, to $71.72.

OVERSEAS MARKETS: In Europe, Germany's DAX was flat, while France's CAC-40 slipped 0.1 percent. Britain's FTSE 100 rose 0.5 percent. In Asia, Japan's Nikkei 225 fell nearly 1 percent, while Australia's S&P/ASX 200 lost nearly 1 percent. Hong Kong's Hang Seng fell 1.7 percent.

BONDS: U.S. government bond prices rose. The yield on the 10-year Treasury note fell to 2.27 percent from 2.28 percent late Friday. The dollar rose to 123.25 yen from 122.72 yen and the euro fell to $1.0680 from $1.0740.

METALS: Precious and industrial metals prices closed mixed. Gold rose $2.70 to $1,083.60 an ounce, silver fell two cents to $14.22 an ounce and copper gave up five cents to close at $2.12 a pound.