U.S. stocks rose and the Dow (^DJI) shook off earlier declines after a drop in shares of aerospace giant Boeing (BA) weighed on the index. Stronger-than-expected retail sales figures for January helped buoy confidence among market participants.

The industrials-heavy Dow rose 0.79%, or 200.64 points, as of market close. A deadly crash of a Boeing 737 Max 8 aircraft on Sunday led shares of the aerospace giant to drop more than 11% as of market open. These declines generated an about 300-point drag on Dow futures during early trading, with Boeing comprising about 10.9% of the industrials-heavy index.

Shares of Boeing fell as much as 13.5% to $365.55 shortly after market open. However, shares pared losses and closed lower by 5.36% Monday.

Gains in shares of every other Dow component offset Boeing’s declines. Apple’s (AAPL) stock closed higher by 3.46% after Bank of American Merrill Lynch upgraded shares of the company to Buy from Neutral and raised its price target to $210 from $180. BofAML said the stock’s recent pullback created a buying opportunity, and the firm cited potential in the company’s health-care, wearables and services segments.

The other major domestic indices continued to climb during Monday’s session. The S&P 500 (^GSPC) rose 1.47%, or 40.23 points, with the Tech sector leading advances. The Nasdaq (^IXIC) rose 2.02%, or 149.92 points. These represented the largest percent gains for both the S&P 500 and the Nasdaq since January 30.

Each of the three major indices posted weekly losses of more 2% on Friday as a beginning-of-the-year U.S. equity rally lost steam after the Bureau of Labor Statistics’ latest jobs report showed fewer-than-expected job additions in February. However, equities looked to return to an uptrend Monday, with the S&P 500 up nearly 11% for the year-to-date through Monday.

“While last week may have felt pretty brutal, it’s important to remember that we’re still in a high range and it’s been a very strong year so far for the market,” said Chris Larkin, senior vice president of trading at E-Trade Financial Corporation.

Retail sales

Market participants on Monday got a dose of good news with better-than-expected January retail sales results, which marked a turnaround from December’s sharply underwhelming reading. The headline reading on retail sales rose 0.2% in January, following a downwardly revised 1.6% decline in December, the Census Bureau reported Monday. The revised December results were even weaker than the 1.2% drop previously reported, which itself had been the worst reading in 9 years.