Stocks Are Higher

Stocks are higher to start the week, with the Nasdaq leading gains after the Dow and S&P 500 made a new all-time high on Friday.

In early trade Monday, the Dow was up 21 points, the S&P 500 was up 4 points, and the Nasdaq was up 15 points.

The US economic calendar is light this week, though on Monday we got another read on the labor market from the Federal Reserve's Labor Market Conditions Index, which showed labor market conditions improved 4 points between September and October.

This report comes after Friday's October jobs report showed the unemployment rate fell to 5.8%, the lowest level since the summer of 2008.

In stock news, shares of McDonald's were little changed after the company reported global comparable store sales that fell 0.5% in October, though this decline was less than expected by Wall Street.

GoPro shares were down about 2% after the company filed to sell $800 million of stock. Following this disclosure, GoPro CEO Nick Woodman sent an email to employees outlining both the company's plans with respect to the stock sale and Woodman's own intentions as a shareholder.