United States

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

Corporate earnings have mostly beaten analyst expectations

Getty Images, File

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.

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