Here Are 3 Hot Things to Know About Stocks Right Now

  • The Dow, S&P 500 and Nasdaq closed at record highs Monday, boosted by trade optimism and a wave of merger deals, including LVMH's (LVMUY) acquisition of Tiffany (TIF) - Get Report for $16.2 billion.
  • TD Ameritrade (AMTD) - Get Report climbed after Charles Schwab (SCHW) - Get Report formally agreed to buy the company in an all-stock deal valued at about $26 billion.
  • EBay (EBAY) - Get Report climbed after the retail and auction site agreed to sell StubHub to Viagogo for about $4 billion.

Wall Street Overview

Stocks finished strong Monday, with the three major indexes ending at record highs, boosted by  trade optimism and a wave of merger deals, including LVMH's (LVMUY) acquisition of Tiffany (TIF) - Get Report for $16.2 billion.

The Dow Jones Industrial Average rose 190.85 points, or 0.68%, to 28,066.47. The S&P 500 finished up 0.75% to 3,133.64, while the Nasdaq climbed 1.2% to 8,632.49. 

Tiffany (TIF) - Get Report was the S&P's top gainer, surging 6.2% to $133.27 after France's LVMH (LVMUY) agreed to buy the U.S. jeweler for $16.2 billion in the biggest-ever luxury goods takeover deal. LVMH was up 2.3% to $89.37.

Nvidia (NVDA) - Get Report was one of the Nasdaq's top gainers, climbing 4.9% to $221.21, after an analyst at Morgan Stanley upgraded shares of the semiconductor maker to overweight from equal-weight and increased his price target to $259 from $217.

UnitedHealth (UNH) - Get Report , Intel (INTC) - Get Report , and Goldman Sachs (GS) - Get Report  led the Dow's advance.

A statement from China that pledged major changes to the way it protects international property rights boosted hopes that a so-called phase one trade agreement could be reached before the end of the year.

"China will reportedly issue new guidelines concerning Intellectual Property (IP) theft, while also increasing the possible penalties for such acts," said Gorilla Trades strategist Ken Berman. "As the issue was considered one of the most important obstacles on the U.S.-Chinese negotiations, the reports suggesting an imminent 'phase one' deal could be validated by the new rules."

Stocks ended higher Friday after President Donald Trump said a trade agreement between the world's two largest economies was "potentially very close."

TD Ameritrade (AMTD) - Get Report climbed 7.6% to $51.78 after Charles Schwab (SCHW) - Get Reportformally agreed to buy the company in an all-stock deal valued at about $26 billion. Schwab was up 2.3% to $49.31.

EBay (EBAY) - Get Report climbed 2% to $35.85 after the retail and auction site agreed to sell StubHub to Viagogo for about $4.05 billion.

Uber Technologies (UBER) - Get Report fell 1.5% to $29.11 after transport authorities in London revoked the ride-sharing company's right to operate in the British capital. Uber is Real Money's Stock of the Day.

Medicines Co.  (MDCO) - Get Report soared 22.3% to $83.80 after the cholesterol drugmaker reached a $10 billion takeover deal with Swiss pharmaceutical giant Novartis  (NVS) - Get Report , which was up about 1% to $91.30.

Walt Disney 

(DIS) - Get Report

 rose 1% to $149.69 after

the entertainment giant's

"Frozen 2" -- the sequel to the 2013 Oscar-winning movie -- took in box office receipts of $127 million in its weekend debut.

Novartis, Goldman Sachs, Disney, Nvidia and UnitedHealth are holdings in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells these stocks? Learn more now.