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The Dow retreated from its record high, but stocks ended in the green, paring earlier gains as the financial and energy sectors moved higher on Monday. Banks reversed course after seeing losses last week. Dow component Goldman Sachs traded at a record earlier. JPMorgan Chase ended the day higher alongside fellow banks Citigroup and Bank of America . Crude oil closed up 0.2% at $51.79 a barrel, following last week's decision by OPEC to cut production output by 1.2 million barrels a day, the cartel's first cut in production in eight years. Brent crude, the global benchmark, traded at nearly 1% higher at $55 a barrel, but closed lower. And finally, oil and natural gas company Chesapeake Energy jumped after it announced a $450 million sale of its assets and land. TheStreet's Valerie Young reports from New York.

The Dow Jones Industrial Average traded at an all-time high Monday as crude oil climbed higher and markets shrugged off potential negative effects of Italy's "no" vote on its constitutional reform referendum, while receiving positive economic data. The Institute for Supply Management's Non-Manufacturing Index climbed to 57.2 in November outpacing the reading of 54.8 in October. The index showed solid gains in new orders and business activity. Shares of Energy Transfer Partners , the company constructing the Dakota Access oil pipeline, fell after the Army Corps' decision to deny the company permission to extend the pipeline. The company released a statement Sunday night slamming the decision. Finally, Consolidated Communications reached a deal to buy FairPoint Communications for $1.5 billion, including debt. FairPoint shares jumped in trading on Monday, while Consolidated Communications shares dropped following the news. TheStreet's Valerie Young reports from Wall Street.

The U.S. dollar is gaining against almost all other world currencies. This after Italian voters rejected constitutional reform that would have led to more government power. The changes were supported by Prime Minister Matteo Renzi, who resigned after the vote took place. In voting not, Italians also delivered a rejection to Italy's industrialists, banks and other establishment organizations, which backed the referendum. For the first time, Apple (AAPL) has revealed plans to develop a self-driving car. The company wrote a letter to the National Highway Traffic Administration explaining its plans. Apple said it was excited about the emerging transportation technology. The Army has announced it will not be allowing the Dakota pipeline in North Dakota that has been at the heart of protests for months.

The Dow retreated from records as banks reversed course after days of big gains. Dow components Goldman Sachs gs and JPMorgan jpm ended the day lower alongside fellow banks Citigroup and Bank of America . Crude oil ended with a weekly gain of 12% thanks to the OPEC deal secured earlier in the week. In domestic news, the number of active oil rigs in the U.S. rose by 3 to 477. And Ford fell after announcing a recall of 680,000 vehicles to correct a seatbelt issue. The bulk of the recall will affect vehicles sold in the U.S., including the Ford Fusion. Big Lots was active after raising its anticipated full-year earnings forecast. The discount retailer kept its same-store sales target of 1% to 2% growth unchanged.

Stocks were mostly higher after U.S. jobs gains in November solidified the chances of an interest rate hike in December. The likelihood of a rate hike when the Federal Reserve meets in just over a week currently sits at 95%. Banks reversed course, giving back some of the big gains achieved as President-elect Trump filled out his Cabinet this week. Banks such as Goldman Sachs and JPMorgan had rallied on what were seen as Wall Street-friendly Cabinet picks. Pandora surged on reports the company is considering a sale. The music-streaming service is reportedly open to negotiations with SiriusXM , which had previously made a play for Pandora. Teleflex climbed after agreeing to acquire Vascular Solutions in a deal worth $1 billion. The deal is set to close in the first half of next year.

U.S. stocks were mixed Friday, despite a better than expected jobs report. The economy added 178,000 jobs in November, beating estimates of 170,000. The unemployment rate fell to 4.6% from 4.9%, while average hourly wages rose 2.5% over the past 12 months. September's jobs figures were revised higher to growth of 208,000 positions, compared to a previously reported 191,000. Analysts say the jobs numbers are strong enough for the Federal Reserve to raise interest rates when it holds its policy meeting in just two weeks. Starbucks shares slumped after its CEO Howard Schultz announced on Thursday that he is stepping down in 2017 to help the company open upscale coffee shops. Current Chief Operating Officer Kevin Johnson will take over as CEO. Allergan shares were on the rise after settling a lawsuit with Zydus Pharmaceuticals and Cadila Healthcare. The suit centered around patent litigation relating to Delzicol, a colitis treatment. Zydus and Cadila are allowed to sell a generic version of the drug if green lighted by the FDA. TheStreet's Scott Gamm reports from Wall Street.

Iconic Starbucks CEO Howard Schultz wants to focus on the high end coffee shops Starbucks is launching. He will continue to play a crucial role at the company, staying on as Chairman. Schultz is considered to be a visionary who built the coffee shops into one of the best known brands in the world. Schultz wants to oversee the company's efforts to open roasteries where customers can see the entire coffee process, take classes and taste unique coffees. The final employment report of the year is due today. This is also the last major piece of economic data before the Federal reserve meets next year. Surveys of economists predict jobs added will be 175,000 to 200,000. President-elect Donald Trump has picked retired Marine General James Mattis as Defense Secretary. Mattis retired as chief of U.S. Central Command in 2013, has often said that Washington lacks a strategy in the Middle East.

The Dow Jones Industrial Average saw a record close, though just barely as a tech selloff pressured the broader market. Crude oil ended the day with its best settlement in six weeks, giving a big boost to the energy sector. Express plummeted after issuing guidance for its current quarter that came in weaker than analysts expected. The apparel retailer expects same-store sales in its fourth quarter to fall in the "negative low double digits," sharper than a nearly 8% drop forecast. Guess? slumped after reducing its full-year profit target following a disappointing recent quarter. The company reported another drop in quarterly same-store sales, stretching a losing streak that began in 2011. Dollar General tumbled after reporting below-consensus sales and earnings for its recent quarter. The discount retailer blamed its poor performance on reductions in food-stamp benefits.

Stocks held mixed with banking names boosting the Dow Jones Industrial Average, while tech laggards plagued the Nasdaq. Dow components Goldman Sachs and JPMorgan rallied as President-elect Donald Trump filled out his Cabinet with picks presumed to be friendly to Wall Street. Manufacturing activity rose at a faster pace than expected, settling at a five-month high in November. The ISM Manufacturing Index was broadly stronger with growth seen in new orders, production and employment. Construction spending found growth again in October, climbing 0.5% after a flat reading in September. Activity was largely in line with estimates. Ford and General Motors saw sales rise last month at a healthy clip, while Fiat Chrysler suffered from a sharper drop than expected. Two additional selling days this November compared to the last made for favorable comparisons.

Stocks were mixed Thursday on the first trading session of December after the markets rallied throughout November. Oil prices continued to benefit from Wednesday's landmark OPEC deal with prices for West Texas Intermediate nearing $51 a barrel. OPEC agreed to reduce oil production by 1.2 million barrels a day starting in January - it's first production cut since 2008. Saudi Arabia bearing the biggest brunt of the cuts to the tune of 486,000 barrels per day. Dollar General reported third quarter earnings of $0.84 a share, missing estimates of $0.93. Revenue rose 5% year over year to $5.32 billion, but fell short of Wall Street's estimates. Analysts say lower prices at Walmart may have negatively impacted Dollar General's quarter. Fitbit is set to acquire Pebble Technology, a smartwatch once funded by Kickstarter, for up to $40 million, according to various news reports. Fitbit and Pebble have been facing headwinds. Fitbit's stock is trading 60% below its IPO price, while Pebble cut staff back in March. TheStreet's Scott Gamm reports from Wall Street.