NEW YORK (AP) - Stocks ticked higher Monday as investors looked past this weekend's failed coup attempt in Turkey and nudged the Standard & Poor's 500 index to another record.
The S&P 500 rose 5.15 points, or 0.2 percent, to 2,166.89. It was the fifth time in the last six days that the index set a closing high. The Dow Jones industrial average rose 16.50, or 0.1 percent, to 18,533.05. The Nasdaq composite rose 26.19, or 0.5 percent, to 5,055.78.
The stock market has been on a mostly upward swing since February, notwithstanding a few setbacks, after shrugging off worries about fragile economies overseas, weaker profits at home and sundry other challenges.
Financial stocks gained after Bank of America reported earnings that were better than analysts were expecting.
Banks have been struggling with low interest rates, which limit the profits they can earn from making loans.
Bank of America nevertheless reported a smaller decline in earnings than analysts forecast, due in part to higher trading revenue and cost cuts. Its stock rose 45 cents, or 3.3 percent, to $14.11.
The day atop the leaderboard for tech and bank stocks marks a turnaround from their performance earlier this year. Financial stocks are the only sector of the S&P 500's 10 that are still down for 2016, while technology has made one of the smallest gains.
For much of the year, investors have flocked instead to industries seen as offering a steadier ride. These are also ones that tend to pay the biggest dividends. Telecom stocks are up 22.1 percent, versus the S&P 500's 6 percent rise, for example.