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Two Rules | Rule #1 Do Not Lose Your Principal | Rule #2 See Rule #1

U.S. stocks traded higher on Monday, with the three major indexes hitting new records, as investors kept an eye on oil prices.”The market is being driven by the same theme,” said Bruce Bittles, chief investment strategist at Baird, referring to low interest rates around the world and the “hunt for yield.””Until we get some optimism, the path of least resistance is higher. Nobody likes this market,” he said.The benchmark S&P 500 and the Nasdaq composite broke above previous intraday highs of 2,188.45 and 5,238.54, respectively, shortly after the open. The Dow Jones industrial average also posted a record high, rising past its previous high of 18,638.34. These records were all set last week, despite the indexes posting just slight weekly gains.

Source: US stocks trade at record highs; oil jumps more than 2 pct