NEW YORK (AP) - The Standard and Poor's 500 index closed at a record high Monday, beating the mark it set a bit over a year ago.
The Dow Jones industrial average was within 1 percent of its own closing high, which was also set in May last year, but the Nasdaq composite has further to go. The technology-focused index is still negative for the year and would have to gain nearly 5 percent to regain the closing high it reached last July.
The S&P 500 gained 7.26 points, or 0.3 percent, to 2,137.16. That beat the record close of 2,130.82 it reached May 21, 2015.
The Dow rose 80.19 points, or 0.4 percent, to 18,226.93. The Nasdaq composite rose 31.88 points, or 0.6 percent, to 4,988.64.