Stocks climbed toward fresh records on Monday as investors focused on a report that China will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting from Jan. 1. Investors were also eyeing developments at Boeing, after the Dow component announced that president CEO Dennis Muilenburg has resigned amid a controversy surrounding its 737 MAX jet.
The Dow Jones Industrial Average rose 112 points, or 0.4%, at 28,569, with gains from Boeing Co. delivering the biggest tailwind to the index. The S&P 500 index advanced 5 points, or 0.2%, at 3,226, while the Nasdaq Composite Index climbed 17 points, or 0.2%, at 8,942.
Source : Market Watch