Dow Closes About 70 Points Higher, Capping Off Best Month Since March 2016 - NBC4 Washington

Dow Closes About 70 Points Higher, Capping Off Best Month Since March 2016

Corporate earnings have mostly beaten analyst expectations

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    In this Dec. 8, 2016, file photo, tourists take a picture with the market bull near the New York Stock Exchange in New York City.

    U.S. stocks rose on Wednesday, capping off a strong start to 2018. The Dow Jones industrial average and S&P 500 notched their best monthly performance since March 2016, CNBC reported.

    The Dow gained 73 points, with Boeing rising 4.9 percent and hitting an all-time high. The S&P 500 rose 0.1 percent, with real estate as the best-performing sector. The Nasdaq composite also advanced 0.1 percent.

    For the month, the Dow and S&P 500 posted gains of 5.6 percent and 5.8 percent, respectively. The Nasdaq meanwhile, rose 7.3 percent for the month, its best monthly gain since October 2015.