NEW YORK, Feb. 27 (Xinhua) -- U.S. stocks climbed on Monday, recouping some of the losses they had suffered in the prior week.

The Dow Jones Industrial Average rose 72.17 points, or 0.22 percent, to 32,889.09. The S&P 500 added 12.20 points, or 0.31 percent, to 3,982.24. The Nasdaq Composite Index increased 72.04 points, or 0.63 percent, to 11,466.98.

Seven of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and industrials up 1.18 percent and 0.83 percent, respectively, outpacing the rest. Utilities fell 0.77 percent, the worst-performing group.

Last week, the Dow fell 3 percent, the S&P 500 decreased 2.7 percent, and the technology-heavy Nasdaq Composite slid 3.3 percent, amid concerns over inflation and higher interest rates.

"The stickiness in U.S. inflation in January and a still-tight labor market suggest that the Federal Reserve will need to increase rates further, perhaps substantially, in order to bring inflation back to target," UBS analysts said in a note on Monday.

"Caught between these divergent potential outcomes, equity markets have been left trading well above October's lows while also lacking the conviction to move materially higher," they added.