Dow closes 73 points higher, capping off best month since March 2016 [CNBC]
Bryn Mawr Bank Corporation (BMTC)
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Source: CNBC
show chapters U.S. stocks rose on Wednesday, capping off a strong start to 2018. The Dow Jones industrial average and S&P 500 notched their best monthly performances since March 2016. The Dow gained 72.5 points to close at 26,149.39, with Boeing rising 4.9 percent and hitting an all-time high. The S&P 500 rose 0.1 percent and finished at 2,823.81, with real estate as the best-performing sector. The Nasdaq composite advanced 0.1 percent to close at 7,411.48. For the month, the Dow and S&P 500 posted gains of 5.6 percent and 5.8 percent, respectively. The Nasdaq meanwhile, rose 7.3 percent for the month, its best monthly gain since October 2015. The major indexes briefly turned negative Wednesday after a statement from the Federal Reserve sent interest rates higher. The combination of the Fed and the fact that people want to book an awesome month could've taken us lower earlier in the session, said Jeremy Klein, chief market strategis
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