Donald Trump

Dow Approaches 22,000, Closes at Record High

The Dow is coming off its strongest monthly performance since February

U.S. stocks traded higher on Tuesday, the first trading day of August, as the Dow Jones industrial average approached another milestone, CNBC reported.

The 30-stock index rose about 82 points to a new record, with Goldman Sachs contributing the most gains.

The Dow also traded near 22,000. The S&P 500 rose 0.25 percent, with utilities and financials leading advancers. The Nasdaq composite climbed 0.2 percent.

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