Stock levels rose on continued hope that the United States and China would reach a full trade agreement.
All three indices were at all-time highs at noon, but whether these gains will last until the end remains to be seen.
Despite this, the Dow surpassed a record in mid-July. A new value for the highest intraday level has already been set. The magic number it takes to close up is 27,359.1
Both the S & P and the Nasdaq closed on Friday at all-time highs. Last week alone, the S & P set three records.
Although there is little news on the trade front on Monday, hopes of last week have revived for a US-China trade agreement after Trade Minister Wilbur Ross had expressed optimism about an agreement in a Bloomberg interview. Ross also said that US companies selling parts to the Chinese company Huawei would receive licenses.
The world's top two economies agreed on a "Phase 1" deal in October and should sign it at the APEC meeting in Chile. Chile does not host anymore. President Donald Trump said in a tweet last week on Thursday
that Beijing and Washington are working to find a new place for signing.