Stocks closed higher on Monday as investors staged a late-day rebound, extending a recent trend of buying on dips and pushing major indexes near all-time highs despite concerns about growth and China's housing market

Based on the latest available data, the Dow Jones industrial average <.DJI> rose 38.16 points, or 0.27 percent, to finish unofficially at 14,127.82. The Standard & Poor's 500 Index <.SPX> gained 7.00 points, or 0.46 percent, to finish unofficially at 1,525.20. The Nasdaq Composite Index <.IXIC> was advanced 12.29 points, or 0.39 percent, to close unofficially at 3,182.03.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)