Stocks on Wall Street experienced an upward trend, with the Dow Jones Industrial Average reaching yet another all-time high.
On Monday, the Dow climbed by 1% above the record it established last Friday.
The S&P 500 also gained 0.3%, while the Nasdaq composite matched that increase with a 0.3% rise as well.
In the bond market, Treasury yields decreased after President-elect Donald Trump expressed his intention to appoint hedge fund manager Scott Bessent as the Treasury Secretary.
This news could lead to favorable borrowing conditions for smaller companies, and the Russell 2000 index, which comprises small stocks, surged by 1.5%, coming close to its record high from three years ago.

In specific numbers from Monday:
The S&P 500 rose by 18.03 points, which is a 0.3% increase, closing at 5,987.37.
The Dow Jones Industrial Average increased by 440.06 points, representing a 1% gain, finishing at 44,736.57.
The Nasdaq composite saw an increase of 51.18 points, also a 0.3% rise, closing at 19,054.84.
Smaller company stocks were highlighted with the Russell 2000 index which climbed 35.36 points or 1.5%, closing at 2,442.03.

Looking at year-to-date performance:
The S&P 500 has grown by 1,217.54 points, or 25.5%.
The Dow has risen by 7,047.03 points, a gain of 18.7%.
The Nasdaq composite has increased by 4,043.48 points, equating to a 26.9% rise.
Meanwhile, the Russell 2000 index has climbed 414.96 points, representing a 20.5% increase.