US stock markets settled higher on Monday, extending the market's post-election rally as energy and other commodity-related shares gained and Facebook led a jump in technology.

The Dow Jones Industrial Average went up 88.76 points or 0.47 percent to settle at 18,956.69. NASDAQ 100 index went up 50.96 points or 1.06 percent to close at 4,859.00. The broader S&P 500 index went up 16.28 points or 0.75 percent to end at 2,198.18.