The Dow Jones Industrial Average joined other major indexes in record territory Monday, with stocks propelled higher as optimism about a near-term U.S.-China trade resolution and a third-quarter earnings season that has been better than feared buoyed sentiment on Wall Street.
What did the major indexes do?
The Dow Jones Industrial Average DJIA, +0.42% advanced 114.75 points, or 0.4%, to finish at 27,462.11, surpassing its previous record close of 27,359.26, set on July 15. The Nasdaq Composite COMP, +0.56% gained 46.80 points, or 0.6%, to close at 8,432.20, while the S&P 500 index SPX, +0.37% rose 11.36 points, or 0.4%, to end at 3,078.27. The Nasdaq and S&P 500 ended at record highs for the second consecutive session.
All three equity benchmarks also hit all-time intraday highs. The last time the three major indexes ended at record highs on the same day was July 15, according to Dow Jones Market Data.