US stock markets settled higher on Monday as traders bought some recently less-favored sectors, while some top postelection plays lagged.

The Dow Jones Industrial Average went up 39.65 points or 0.2 percent to settle at 19,883.06. NASDAQ 100 index rose 19.98 points or 0.41 percent to close at 4,934.85. The broader S&P 500 index went up 4.46 points or 0.2 percent to end at 2,262.53.