The Wall Street Journal reports…
U.S. stocks rose Monday, propelling the Dow Jones Industrial Average above 18000 for the first time since July.
The blue-chip index has gained nearly 15% since mid-February, as early-year fears about the U.S. economy faded, oil prices rebounded and the Federal Reserve signaled a cautious approach to raising rates. With Monday’s advance, the Dow is up 3.3% for the year.
The Dow industrials rose 107 points, or 0.6%, to 18004, closing above 18000 for the first time since July 20. The S&P 500 added 0.7% and the Nasdaq Composite gained 0.4%.
Prophet must be in the zone…