
Three major stock market indexes hit all-time highs Monday as investors breathed a sigh of relief over President-elect Donald Trump's selection of a hedge-fund founder to serve as his treasury secretary.
The Dow Jones Industrial Average rose 440.06 points, or 0.99%, for the day to close at a record 44,736.57. The S&P 500 and the Russell 2000 also all reached intra-day highs, with more than three of four S&P 500 stocks trading higher during the session, according to CNBC.