Wall Street sharply higher

Wall Street extended its rally into a second session Monday as investors grew optimistic that President-elect Barack Obama's plan for a huge infrastructure spending package will help boost the crippled economy.

Obama announced over the weekend plans for the largest U.S. public works spending program since the creation of the interstate highway system a half-century ago. That could bolster the economy by putting thousands of people to work building schools and other construction projects.

Investors also appeared more comfortable that the government is closer to legislation that would dole out billions to America's three biggest automakers within a week. …