Wall Street started the new week on a strong note, as all major US indices surged to fresh record highs during midday trading in New York. The momentum of the bull market continued to fuel investor optimism, propelling stocks to new heights.

The S&P 500 index climbed to 5,325 points, matching its all-time high from last Thursday. The tech-heavy Nasdaq 100 surpassed 18,670 points, setting new record levels. The Dow Jones Industrial Average remained steady at 40,000, marking its highest level ever.

In the commodities market, the rally in precious metals continued to gather momentum. The price of gold, tracked by the SPDR Gold Trust (NYSE: GLD), reached an all-time record of over $2,430 per ounce. This surge further solidifies gold's status as a popular safe-haven investment. Meanwhile, silver saw a 1.3% increase after a significant 6.4% gain on Friday. Since the start of the month, silver has risen more than 20%.

In terms of industry performance, cruise stocks generated substantial gains after Norwegian Cruise Holdings Ltd. (NYSE: NCLH) raised its earnings guidance for the year. The positive outlook had a domino effect, with shares of Norwegian Cruise Holdings rising over 8%. Competitors Carnival Corp. (NYSE: CCL) and Royal Caribbean Cruises Ltd. (NYSE: RCL) also experienced significant gains, with increases of 7.4% and 5.4% respectively. This boost in the cruise industry indicates a growing confidence in the sector's recovery from the pandemic.

However, sentiment surrounding meme stocks continued to decline, with GameStop Corp. (NYSE: GME) seeing a sharp decline of over 11% on Monday. This significant drop comes after GameStop's stock price soared to unprecedented heights last week, only to plummet by more than 70% since then. The volatility and speculative nature of meme stocks have left investors cautious about their long-term prospects.

Overall, Monday's performance on major US indices and ETFs showcased the bullish market sentiment and record-breaking levels reached by stocks and gold. While cruise stocks demonstrated strength and optimism for the industry's recovery, GameStop's decline serves as a reminder of the risks associated with meme stocks. As investors continue to navigate these market movements, it remains to be seen how these trends will shape the outlook for the weeks ahead.