Dow Up by Triple Digits as Financials Rally
The Dow rose by triple digits for a third session Monday as U.S. stocks posted a broad rally, with strong economic data appearing to overshadow worries about rising trade tensions.
Among notable leaders were bank stocks, putting the financial sector in position for its biggest one-day advance in a month.
With the move, the Dow turned positive for 2018, and is now up roughly 0.2% for the year. The blue-chip average is also set to end above its 50-day moving average for the first time in nearly three weeks, a positive sign for its short-term momentum trend.