Stocks traded at records Monday as Wall Street attempts to extend a multisession trend of gains as President-elect Donald Trump sets up his cabinet. The Dow Jones Industrial Average rose 0.5% at 18,920, the S&P 500 index picked up 0.5% at 2,191, briefly trading above its closing record, the Nasdaq Composite Index advanced 0.4% at 5,351, hitting a fresh all-time high. Trump’s policy proposals, including those around infrastructure investments, are being viewed as supportive to stock advances. On Monday, the gains for major equity benchmarks came as crude-oil prices climbed sharply amid mounting hope that the Organization of the Petroleum Exporting Countries and oil-producers like Russia can strike an agreement to shrink the overflow of crude being pumped out of the world’s largest producers.
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