Major rally on Wall Street, Dow Jones jumps 618 points

NEW YORK, New York - U.S. stocks rocketed higher Monday, a rally ignited by a weakening of the U.S. dollar and a sharp spurt by the euro.

Concerns about inflation however remain.

"I don't think we have reached rock bottom yet, it's a bear market rally. The market is still pretty concerned about sticky inflation," Michael Hewson, chief markets analyst at CMC Markets told CNBC Monday.

The Dow Jones indu