S&P 500 hits new all-time high

U.S. stocks traded higher on Monday as technology stocks tried to recover from a wobbly performance last week, reported CNBC news.

The Dow Jones industrial average gained 100 points and hit a record, surpassing a previous all-time high of 21,391.97, which was set last week.

The S&P 500 gained 0.6 percent to als trade at a record, with information technology rising 1.5 percent to lead advancers.

The Nasdaq composite outperformed, rising 1.2 percent, CNBC added.