The S&P 500, the Dow Jones Industrial Average, NASDAQ Composite, and Russell 2000 all closed at record levels.

Telecoms was the only sector of the S&P 500 to end in the red

after Verizon announced on Sunday night that it would roll out unlimited data plans across the country

in a bid to win back consumers from rivals T-Mobile and Sprint.

The move signals a slightly more optimistic mood among investors buoyed by news last week,

that president Donald Trump plans to release details of proposed tax cuts soon.

Apple shares were a stand-up performer on Monday,

closing at a new record high, surpassing it's last record set in February 2015.

Oil prices slid despite data last week showing that the much talked about OPEC production cuts have had some effect.

In bond markets, US Treasury Yields which move inversely to prices, continue to rise.

But analyst warn that it may be short-lived, and prices could go higher from here.

And that's the New York Minute.