S&P 500, Dow close at new highs as Facebook starts heavy earnings week

The Dow Jones Industrial Average rose 64.13 points, or 0.18%, to 35,741.15

The Dow Industrials and S&P 500 closed at record highs on Monday, as earnings season kicked in to high gear in one of the heaviest reporting weeks of the quarter with bellwethers in multiple sectors poised to announce results.

While the Dow and S&P hit new highs, the Nasdaq outperformed on the day, buoyed by gains in Tesla and PayPal, and the tech-heavy index stands less than 1% away from its Sept. 7 closing record.

Tesla Inc jumped 12.66% to its own new high of $1,045.02 and breached $1 trillion in market capitalization, after car rental firm Hertz placed an order for