NEW YORK (CNNMoney)
The Dow and S&P 500 rose to new records early Monday, while the Nasdaq climbed to a fresh 13-year high.
The Nasdaq got a boost from Apple (AAPL, Fortune 500)'s stock surging 3%, after the company announced it had inked an important sales deal in China.
The tech-laden index also got a lift from social media company Facebook (FB, Fortune 500), which debuted as part of the S&P 500. Shares were up almost 2% in early trading as investors added the stock to their index funds.
Shares of retailers Men's Warehouse (MW) and Jos. A. Bank (JOSB) fell. Jos. A Bank rejected last month's buyout offer from Men's Warehouse.
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Investors are also feeling increasingly confident after the head of the International Monetary Fund, Christine Lagarde, said her organization was much more upbeat about the U.S. economic recovery.
"We see a lot more certainty for 2014," Lagarde said in an interview Sunday on NBC. She said the IMF would raise its forecast for the U.S. economy, in part because Congress had passed a budget and the Federal Reserve decided to begin reducing monetary stimulus based on the improving U.S. job market.
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The day's gains build upon a strong performance last week. All three indexes jumped between 2% and 3% last week, thanks to a huge taper-inspired rally and a stronger-than-expected reading on U.S. economic growth during the third quarter.
While a so-called Santa Claus rally may continue to fuel stocks in record territory, trading volume is expected to remain light due to the holiday-shortened week. The market is only open for a half-day trading on Tuesday (Christmas Eve) and is closed on Wednesday for Christmas.
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In international markets, China has been grabbing the headlines as investors continue to worry about a cash crunch. However, the Chinese central bank said it had pumped liquidity into the system, leading Asian stock markets to notch up modest gains Monday.
The main European markets were moving higher in afternoon trading. The Tokyo Stock Exchange was closed for a holiday. 
First Published: December 23, 2013: 9:53 AM ET
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