On The Fly: Top stock stories for Monday

Stocks were higher from the opening bell and remained in positive territory throughout the session, pushing the Dow to a new all-time high in the process. The Nasdaq was the biggest winner of the day as technology and financials led the way, closing with an advance of about 1%. Oil posted a modest gain, building on the strength that began following last week's OPEC production cuts announcement. ECONOMIC NEWS: In the U.S., Markit's services PMI dipped to 54.6 in the final November print versus October's 54.8 and the preliminary reading of 54.7. The ISM non-manufacturing index rose 2.4 points to 57.2 in November, which was above consensus expectations for a reading of 55.5. The Labor Market Conditions Index rose 1.5 points in November, following a 1.4 point increase in October. In Europe, the PMI for the Eurozone's manufacturers and service providers rose to 53.9 in November from 53.3 in October. Eurozone retail sales grew by 1.1% in October, the strongest pace in more than two years. In Italy, 60% of Italians voted against the constitutional reforms promoted by Prime Minister Matteo Renzi to scrap the Senate of many of its legislative powers and modernize the country's institutional framework. Following the results, Renzi resigned from his post, as promised in the event of a loss. COMPANY NEWS: Amazon (AMZN) has announced Amazon Go, a new kind of store with no registers and no checkout required. In the test store format, which will open to the public in early 2017, shoppers scan as they go with their Amazon Go app, shop as normal, and leave the store with the items billed to their Amazon.com account. Shares of Amazon gained about 2.5% as analysts aplauded the move as another example of the company's potential to disrupt existing retail models... Exxon Mobil (XOM) CEO Rex Tillerson is said to be among the new candidates for Secretary of State and is scheduled for an interview with Donald Trump this week, according to The Wall Street Journal... Under Armour (UA), Fanatics and Major League Baseball announced a 10-year partnership that names the athleticwear maker as the official uniform provider to MLB. Shares of Under Armour advanced about 1% after the announcement, which represents the company's first-ever professional league uniform deal. MAJOR MOVERS: Among the notable gainers was Kite Pharma (KITE), which advanced 5.6% after announcing that it has initiated the rolling submission with the FDA of the Biologics License Application for KTE-C19 as a treatment for patients with relapsed/refractory aggressive B-cell non-Hodgkin lymphoma. Also higher was GW Pharmaceuticals (GWPH), which gained 4.6% after announcing additional "positive" Epidiolex Phase 3 data in poster presentations at the 70th Annual Meeting of the American Epilepsy Society. Among the noteworthy losers was Tailored Brands (TLRD), which fell nearly 7% after Deutsche Bank analyst Paul Trussell downgraded the stock to Hold, saying the risk/reward is balanced with the shares up 31% post the U.S. election. Also lower was Consolidated Communications (CNSL), which slipped about 4% after it agreed to acquire FairPoint Communications (FRP) in an all-stock merger transaction valued at approximately $1.5B, including debt. FairPoint Communications advanced nearly 11% to $18.85 per share after the news. INDEXES: The Dow rose 45.82, or 0.24%, to 19,216.24, the Nasdaq gained 53.24, or 1.01%, to 5,308.89, and the S&P 500 advanced 12.76, or 0.58%, to 2,204.71.