Stocks moved mostly higher during trading on Monday following the mixed performance seen last week. With the upward move on the day, the Dow and the S&P 500 both climbed to new record closing highs.
The major averages ended the session just off their best levels of the day. The Dow climbed 144.71 points or 0.7 percent to 21,528.99, the Nasdaq surged up 87.25 points or 1.4 percent to 6,239.01 and the S&P 500 advanced 20.31 points or 0.8 percent to 2,453.46.
The buying interest on Wall Street was partly in reaction to strength in the overseas markets, which benefited from political news out of Europe.
French President Emmanuel Macron’s party won a clear parliamentary majority in Sunday’s election, giving him a strong mandate in parliament to pursue his pro-European Union, business-friendly reform plans.
Additionally, Brexit negotiations with the EU have begun after Britain bowed to…