Dow Jones Industrial Average Soars 228 Points As US Dollar Rally Pauses Ahead Of FOMC Meeting

U.S. stocks closed sharply higher Monday, with the Dow Jones Industrial Average soaring more than 200 points, as the U.S. dollar rally paused ahead of the Federal Reserve's two-day policy meeting. The Federal Open Market Committee is scheduled to kick off its March policy meeting Tuesday, followed by a statement from Fed Chair Janet Yellen on Wednesday.