U.S. stocks closed higher Monday, led by energy shares, as oil prices rose nearly 4 percent. All three major stock indexes saw record-high intraday or closing levels. There were no major U.S. economic reports released. The U.S. dollar index, which surged 2.2 percent last week to its highest level in 13 years, fell slightly. Oil prices rose to a three-week high, supported by growing expectations that major oil producing countries would agree to limit output at a meeting next week. West Texas Intermediate (WTI) crude futures rose 3.9 percent to $47.49 a barrel on the New York Mercantile Exchange. Gold also rose, rebounding from 5-month lows, gold for December delivery rose $1.10 to $1,209.80 an ounce. The Dow Jones industrial average rose 88.76, or 0.5 percent, to 18,956.69, a record high. The broader Standard & Poor's 500 index rose 16.28, or 0.75 percent, to 2,198.18. The index hit a record intra-day high around noon. Energy rose 2 percent, leading all 11 sectors higher. The technology-heavy Nasdaq composite index rose 47.35, or 0.9 percent, to 5,368.86, a record high.
