Stocks closed Monday mostly higher thanks to better news from Apple and Chipotle than expected.

The Dow Jones Industrial Average closed up 19.26 points to end the day at 16,399.67. It is well below the 17,000 mark that excited investors but thanks to good news from Apple and Chipotle stocks throughout Wall Street were also up.

Apple's quarter four earnings beat expectations and that caused the stock to pop to near $100 a share before closing at $99.76 or up 2.14 percent.

Apple also introduced Apple Pay Monday and updated its operating system to iOS 8.1.

Apple's visibility and popularity may shield it from getting hammered like other stocks in the same sector.

Apple reported earnings of $1.42 per share on revenue of $42.1 billion. Both of those numbers beat analysts' expectations

"Because it (Apple) is such a visible stock, that can ease a lot of concern. It's a bellwether for the consumer in a way that some of these other companies may not be," Jeffrey Kleintop, chief global investment strategist at Charles Schwab & Co told CNBC.

Chipotle (CMG) reported its third quarter numbers today. By the numbers, Chipotle's sales are increasing and that pleased investors. Monday, shares of Chipotle closed up $11.31 to $653.03 per share.

With the positive news and Wall Street ending mostly in the green, the CBOE Volatility Index or VIX fell by more than 15 percent. The Vix measures investor uncertainity and when it rises it is a sign of bad news in the markets.

Although Wall Street ended mostly positive, IBM shares sunk on reduced outlook from analysts predictions.

What do you think about Apple stock? What about Chipotle? Leave us a comment below and let us know.