What Happened in the Stock Market Today

Stocks continued last week's rally on Monday, fueled by optimism that the Republican tax bill will pass. The Dow Jones Industrial Average (DJINDICES: ^DJI) -- now up over 25% for the year -- and the S&P 500 (SNPINDEX: ^GSPC) both gained over half a percentage point, posting record highs.

Data source: Yahoo! Finance.

Retail stocks surged higher, with the SPDR S&P Retail ETF (NYSEMKT: XRT) leaping 2.7%. Utility stocks were the laggards today; the Utilities Select SPDR ETF (NYSEMKT: XLU) slipped 1.1%.

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Source: Fool.com