A jump in oil prices helped pull U.S. stocks to record highs Monday as investors continue to hope for a cut in oil production that could help prices go higher. The start of the week once again brought several corporate deals, with companies in the energy and technology industries making moves.
The Dow Jones industrial average gained 88.76 points, or 0.5 percent, to 18,956.69.
The Standard & Poor's 500 index rose 16.28 points, or 0.7 percent, to 2,198.18.
The Nasdaq composite added 47.35 points, or 0.9 percent, to 5,368.86.
For the year:
The Dow is up 1,531.66 points, or 8.8 percent.
The S&P 500 is up 154.24 points, or 7.5 percent.
The Nasdaq is up 361.45 points, or 7.2 percent.