STOCKS HIT ALL-TIME HIGHS: Here's what you need to know

The three major US equity indexes rose to all-time highs early in Monday’s trading session.

Shares of Goldman Sachs contributed the most to the Dow Jones Industrial Average. Apple, a component of the tech-heavy Nasdaq and the Dow, rose to a record high.

The S&P 500’s market capitalisation topped $20 trillion for the first time.

Here’s the scoreboard:

  • Dow: 20,410.35, +140.98, (0.70%)
  • S&P 500: 2,328.12, +12.02, (0.52%)
  • Nasdaq: 5,762.89, +28.76, (0.50%)
  1. Allergan is buying fat-reduction biopharmaceutical company Zeltiq Aesthetics for $56.50 a share, or about $2.48 billion. Allergan buys other companies often.
  2. Restaurant Brands, which owns Burger King and Tim Hortons, reported a higher-than-expected quarterly profit. Sales at stores open for at least one year climbed while costs fell.
  3. Restaurant Brands is interested in buying Popeyes, according to Reuters. A deal would take Popeyes’ Louisiana-style fried chicken and biscuits to a global market.
  4. Burlington Coat Factory no longer sells products from Ivanka Trump’s brand online. As of Friday, the discount-retailer’s website doesn’t show a stock of Ivanka Trump accessories and clothing.

Additionally:

Trump’s trade-war mongering is starting to rattle Wall Street

There are 2 questions Yellen won’t be able to dodge on Capitol Hill this week

Trump can’t take all the credit for the Trump rally

The former Goldman Sachs executive running Trump’s economic team is also playing a big role in the repeal of Obamacare

Staying close to home could be the smartest financial decision millennials make

A credit head at the world’s biggest investor breaks down why investors are pouring into one of the riskiest markets

JPMorgan’s head IPO banker on what to expect in 2017

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