U.S. Stocks Rise Despite Italy's 'No' Vote; Burberry Rejects Offers From Coach

U.S. stocks gained steam on Monday, with the Dow Jones Industrial Average opening at a fresh record high. Investors shrugged off the decision by Italian citizens to "reject" proposed constitutional reforms. Banking stocks in Italy declined, but the euro actually rose against the dollar. Burberry (BURBY) shares surged on reports from the Financial Times that it had rebuked several takeover offers from Coach (COH) . Coach shares are up 11% since the start of the year. Apple (AAPL) - Get Report shares were in focus after the company revealed in a letter to U.S. transportation officials that it was interested in self-driving car technology - the first time the tech giant has floated interest in the space. The report was according to the Wall Street Journal. TheStreet's Scott Gamm reports from Wall Street.