(CNBC) — Stocks rose on Monday, building on a record-setting week, as positive developments on coronavirus treatments and vaccines drove the bullish sentiment.
The Dow Jones Industrial Average jumped 300 points, or 1.1%, hitting its session high in the final hour. The S&P 500 climbed 0.8% and hit an all-time high. The Nasdaq Composite advanced 0.4% and also reached a record.
Apple shares rose 1% to lead other tech-related names higher. Facebook climbed 1.1% and Amazon advanced 0.2% along with Alphabet.
