Also the technology-heavy Nasdaq composite index, up 0.5 percent, reached new heights. Dow Jones industrial index increased 0.6 percent.
The stock market joy is based on the positive signals that have come from the various negotiations that are ongoing about President Donald Trump's tariffs.
Earlier on Monday, came the message from Canada's Prime Minister Mark Carney that the trade talks with the US have been resumed and that they have withdrawn the new taxes that, among other things, hit American tech companies.
In addition, negotiating delegations from two of the world's largest economies, India and Japan, have chosen to stay longer in the US than planned - which is interpreted positively by the market.
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