AlHijjah 7, 1436, Sep 21, 2015, SPA -- U.S. stocks jumped more than 1 percent early Monday as investors continued to digest last week's rate hike decision by the Federal Reserve. August existing home sales in the United States declined more than expected to an annual rate of 5.31 million, a 4.8 percent drop. Meanwhile, Greece was in focus following a Sunday election in which Alex Tsipras' left-wing Syriza party returned to power with an unexpected victory, with a mandate to implement a rescue plan. Financial stocks gained more than 1 percent as the greatest Standard & Poor's sector advancer. The dollar traded more than half a percent higher against major world currencies. Light sweet crude oil for October delivery increased $1.21 to $45.90 a barrel on the New York Mercantile Exchange, while gold futures lost $5.60 to $1,132.10 an ounce. The Dow Jones industrial average surged 179, or 1.09 percent, to 16,563. The broader S&P 500 index climbed 20, or 1.05 percent, to 1,978, with financials leading all 10 sectors higher. The Nasdaq rose 52, or 1.1 percent, to 4,880.