The U.S. stock market has been trading positively Monday due to market optimism running high. More than 100 component companies are set to report quarterly earnings this week, with investors hopeful for better-than-expected results.

Here's how the market settled after a regular day of trading:

S&P 500 Index (SPY): +0.69% or 20.52 points

Dow Jones Industrial Average (DIA): +0.21% or 57.44 points

NASDAQ Composite Index (QQQ): +0.91% or 73.44 points

Following the streaming of optimism surrounding the quarterly market, geopolitical concerns still way heavily on the likelihood of a global economic slowdown. Serving as an update for the ongoing U.S.-China trade war, White House economic advisor Larry Kudlow stated this morning that President Donald Trump could remove tariff increases set to take effect December 15, only if further talks with China go well. Both sides are hoping to have a written agreement to be signed when both Chinese President Xi Jinping and Trump are attending the Asia-Pacific Economic Cooperation meetings in November.

In Brexit news, House of Commons Speaker John Bercow denied an attempt to invoke a second parliamentary vote on Prime Minister Boris Johnson's agreement. Parliament has voted over the weekend to postpone making a final decision on the deal before Johnsons' deadline of October 31.

In Stock Sector news, most of the 11 sectors are trading in the green today under the positive climate. Top gainers include Energy +1.86%, Financials +1.42%, Information Technology +1.07%, Real Estate +0.70%, Industrials +0.60%, Consumer Discretionary +0.47%, Communication Services +0.42%, Utilities +0.37%, and Consumer Staples +0.33%. The two sectors on the decline Monday are Materials -0.35% and Health Care -0.07%.

In commodity news, West Texas Intermediate has begun to decline today, with barrel prices slipping almost 0.50% and pricing around $53. Brent Crude is also slumping Monday, with prices lower to just over $59 per barrel. The price of gold was also in negative territory, with prices dropping -0.88%, making the per ounce price $1,484.30.

Though there is more market confidence shown in trading today, geopolitical and less-than-expected quarterly reports can negatively impact the market fast. Tuesday's market summary will follow the flow of the market as more earnings data is released.