The Dow Jones Industrial Average reached a milestone on Monday, joining the S&P 500 and Nasdaq Composite at record levels, as investor sentiment was lifted by strong earnings, a rebound in economic data and a potential U.S.-China trade deal.

The 30-stock measure rose 135 points, or 0.5% to hit its first all-time high since mid-July. Chevron led the way higher for the Dow, rising 4.3%. Trade bellwethers Boeing and Caterpillar also traded higher. The S&P 500 and Nasdaq both climbed 0.5%, reaching fresh records after closing at all-time highs last week. 

Apple is by far the best-performing Dow stock since the index hit its previous record, rallying more than 25%. Intel, J.P. Morgan Chase and United Technologies are all up at least 10% in that time.  

Monday’s rise brought the Dow’s year-to-date gain to nearly 18%. That would be the biggest one-year gain for the Dow since 2017, when it jumped 28.2%. The S&P 500 is up more than 22% for 2019 and is on pace for its biggest one-year gain since 2013, when it rallied nearly 30%. The Nasdaq is also up more than 27% this year. 

President Donald Trump touted the records, saying in a tweet: “Stock Market hits RECORD HIGH. Spend your money well!” Read more at CNBC