Stocks closed slightly higher on Monday, putting the U.S. market close to a record high. The market climbed as investors assessed some good corporate earnings. There was also some encouraging news on the economy, a report that showed U.S. factory orders rose in March for the first time since July.
The Dow Jones industrial average rose 46.34 points, or 0.3 per cent, to close at 18,070.40.
The Standard & Poor’s 500 index gained 6.20 points, or 0.3 per cent, to 2,114.49.
The Nasdaq increased 11.54 points, or 0.2 per cent, to 5,016.93.
For the year:
The Dow is up 247.33 points, or 1.4 per cent.
The S&P 500 index is up 55.59 points, or 2.7 per cent.
The Nasdaq is up 280.87 points, or 5.9 per cent.