Stocks were mixed on the first trading day of November as markets emerged from the historically tough seasonal period successfully.
The Dow Jones Industrials took on 90.73 points to 35,910.29, helped by gains in Boeing and JPMorgan, and hit a fresh record at the open.
The S&P 500 gave back 4.39 points to 4,600.44
The NASDAQ Composite forged ahead 18.45 points to 15.516.84.
Tesla, which became a $1-trillion company last week, continued its gains for the year with shares up more than 2%. Investors have been piling into bets on Tesla options as of late.
Stocks linked to an economic recovery, such as Ford and Occidental Petroleum, were also higher. Ford gained 1% and Occidental Petroleum popped 2.5%. Airlines and retailers were mostly in the green, while mega-cap tech stocks underperformed.
Investors will also be monitoring the Federal Reserve's two-day meeting Tuesday and Wednesday. The central bank is widely expected to announce that it will begin to unwind its $120 billion in monthly bond purchases and end the program entirely by the middle of next year.
Investors will get a look at the Institute for Supply Management's manufacturing index for October, which is expected to fall to 60.3 from September's 61.1. Any number above 50 is considered expansion.
Prices for 10-year Treasurys were lower, raising yields to 1.6% from Friday's 1.56%. Treasury prices and yields move in opposite directions.
Oil prices gained 95 cents to $84.52 U.S. a barrel.
Gold prices jumped $9.60 to $1,793.50 U.S. an ounce.