Dow jumps more than 200 points to a record, six-day winning streak is best since August; European markets close higher, tracking positive global sentiment; Dialog surges 16% 
U.S. stocks climbed on Monday, building on a recent rally to record levels as investors remained optimistic about further Covid stimulus and an economic recovery. The Dow Jones Industrial Average rose 237.52 points, or 0.8%, to a record high of 31,385.76. The S&P 500 gained 0.7% to a fresh closing high of 3,915.59. The blue-chip Dow and the S&P 500 have risen for six days straight, marking their longest winning streak since August. The Nasdaq Composite advanced 1% to 13,987.64, also hitting a new record.  
On Monday, bitcoin’s price surged to an all-time high above $44,000 after Tesla revealed it bought $1.5 billion worth of the digital asset and said it would soon accept bitcoin as payment for its products.  

European stocks closed higher Monday with markets tracking positive sentiment in Asia and the U.S. The pan-European Stoxx 600 index ended the session 0.3% higher, with most sectors and major bourses in positive territory. Italy’s FTSE MIB was among the top-performing indexes, climbing 1.5% after former European Central Bank President Mario Draghi secured the support of two key parties for forming a new government. 
On Sunday, South Africa halted distribution of AstraZeneca’s vaccine after a new study found it offers “minimal protection” against mild disease caused by the variant first discovered there. Shares of AstraZeneca were flat Monday. 
Shares of Dialog Semiconductor rose 16% Monday after Renesas Electronics Corp said it had agreed to buy the Frankfurt-listed chip designer for 4.9 billion euros ($5.90 billion) in cash. 
Meanwhile, shares of water and waste management firm Veolia were down slightly Monday after a French court blocked any hostile takeover of its smaller rival Suez, whose shares were also lower. 
Source: CNBC