Epic Research Update : US MarketsDow Jones reclaims 18,000 as quarterly scorecards start to flow The Dow Jones industrial average climbed to a nine-month high on Monday, in a market buoyed by Hasbro and Disney, as investors braced for a flurry of quarterly earnings reports through the week.
Helped as well by a US Federal Reserve showing little eagerness to raise interest rates, the index is now up 2 percent in 2016 and only about 2 percent short of its all-time high. The Dow breached 18,000 Monday for the first time since July 21.
During the session, the Dow Jones industrial average rose 0.6 percent to end the day at 18,004.16 points and the S&P 500 gained 0.65 percent to 2,094.34. The Nasdaq Composite added 0.44 percent to 4,960.02.
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