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Dow adds 200 points for first close above 43,000; S&P 500 hits another all-time high: Live updates

The S&P 500 and the Dow Jones Industrial Average rose to fresh records Monday as investors awaited the next batch of key corporate earnings.

The broad market index climbed 0.77% to 5,859.85, while the 30-stock Dow advanced 201.36 points to 43,065.22. Both averages hit all-time highs and closed at records, with the Dow ending the session above the 43,000 mark for the first time. The Nasdaq Composite added 0.87%, closing at 18,502.69.

McDonald's, UnitedHealth Group and Apple led the Dow higher. Technology continued its upward run and was the best-performing sector in the S&P.

Bank of America, Goldman Sachs and Johnson & Johnson report their latest results on Tuesday, while Morgan Stanley and United Airlines are set to release results Wednesday. Walgreens Boots Alliance, Netflix and Procter & Gamble are also scheduled to post earnings this week.

Those reports will come after JPMorgan Chase and Wells Fargo kicked off the third-quarter earnings season on a high note. The early signs of a recovery in banking profits helped push the broader market to all-time highs at the end of last week. The S&P 500 closed above 5,800 for the first time on Friday, while the blue-chip Dow also reached an all-time high.

So far, 30 S&P 500 companies have posted results, beating the earnings consensus by about 5% on average, according to Bank of America. That is better than the 3% beat this time last quarter. Still, Bernstein thinks this quarter's year-over-year earnings per share growth rate will come in "much lower" than last quarter's.

Despite the market climbing to new all-time highs, investors remain anxious against a backdrop of a closely contested presidential election in three weeks, suddenly rising Treasury yields, uncertainty about the pace

Read more on cnbc.com
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