World shares were mixed on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. One shadow over markets was cleared when U.

The S&P 500 climbed 0.7% in morning trading after erasing an initial drop. The Dow Jones Industrial Average was up 311 points, or 0.7%, as of 10:40 a.m. Eastern time, while the Nasdaq composite gained 0.7%.

Wall Street is making history in more ways than one. This has been nothing short of a banner year for Wall Street. Whereas the stock market has historically delivered average annual gains of around 10%,