U.S. stocks close higher on treasury secretary nomination

NEW YORK, Nov. 25 (Xinhua) -- U.S. stocks ended higher on Monday, as the equities market is aiming to build on last week's rally while investors gear up for a busy earnings week.

The Dow Jones Industrial Average rose 440.06 points, or 0.99 percent, to 44,736.57, hitting new all-time highs. The S&P 500 added 18.03 points, or 0.30 percent, to 5,987.37. The Nasdaq Composite Index increased 51.18 points, or 0.27 percent, to 19,054.83.