U.S. stocks gained Monday, pushing the market to record levels, as investors assessed corporate earnings. Stocks also got a lift from a report that showed factory orders rose in March for the first time since last summer.
A promise by China’s leaders to shore up growth and hopes of progress in Greece’s bailout talks with its creditors helped global stocks rally.
The Standard & Poor’s 500 index rose 10 points, or 0.5 percent, to 2,118 as of 11:07 a.m. Eastern.
The index rose as high as 2121 in early trading, above its record at a record high of 2,117 on April 24. The Dow Jones industrial average climbed 71 points, or 0.4 percent, to 18,095. The Nasdaq composite gained 21 points, or 0.4 percent, to 5,027.
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