How major US stock market indexes fared on Monday

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The Dow Jones Industrial Average (DJIA) had ahistoric day, hitting a fresh record high in intraday action.

Thanks largely to the tech gains, the Nasdaq's 1.4% rise represented the index's biggest one-day point and percentage move since November 7; Apple jumped 2.9% in its biggest one-day advance since February, while Facebook gained 1.5% and Amazon added 0.8%.

The Nasdaq Composite added 44.71 points, or 0.73 percent, to 6,196.47. Amazon rose as much as 2.9 percent to an all-time high of $1017.

The S&P 500 index showed 49 new 52-week highs and 10 new lows, while the Nasdaq recorded 99 new highs and 87 new lows.

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The strength of the storms that form Monday afternoon and the timing of how quickly they pass will depend on the sunshine we see. A severe thunderstorm watch is also in effect until 8 p.m., according to a watch issued by the weather service at 11:15 a.m.

Last month, the USA economy added 138,000 jobs, well below the expected gain of 185,000, while other data showed a fall in retail sales and inflation below the Fed's target of 2 percent.

Amazon led technology stocks higher with its shares increasing 1.33% to US$1,000.96 following last week's announcement that it had agreed to buy Whole Foods.

Trading activity may be somewhat subdued, however, as a lack of major US economic data may keep some traders on the sidelines. According to Reuters, more than 33% of the S&P 500's gains this year have come from five tech players-Apple (AAPL), Google (GOOG), Facebook (FB), Amazon (AMZN), and Microsoft (MSFT). While the U.K.'s FTSE 100 Index has risen by 0.5 percent, the German DAX Index is up by 0.9 percent and the French CAC 40 Index is up by 1 percent.

Health care (+1.1%) also was strong, highlighted by biotechs which were led by Biogen's 3.5% surge, along with financials (+1%) and consumer discretionary (+0.8%).

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Bond prices fell. The yield on the 10-year Treasury note rose to 2.17 percent.

The S&P 500 bank subsector.SPXBK rose 1.3 percent.

Technology companies and banks are leading stock indexes modestly higher in early trading on Wall Street.

The Dow Jones Industrial Average has reached a record high, rising 70 points to 21,454 on the back of a rally in tech shares, and as global equities move higher.

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