US stocks rose on Monday as housing data came in better than expected and FedEx raised its earnings forecast, signaling strength in global trade. The S&P 500 gained 1.1%, lifted by gains across all ten sectors. New home sales jumped 24% in June to an annual rate of 330,000, beating estimates. FedEx also raised its quarterly profit outlook, boosting confidence. Oil companies BP and Anadarko rose on leadership and Gulf spill news. Biotech firm Genzyme surged on potential buyout speculation.