Stocks rose on Monday as investors cheered a vote in Greece that will help clear the way for another bailout. The Dow Jones industrial average rose to within 16 points of its close highest close since before the 2008 financial crisis.
Major indexes started out ahead and, other than a brief dip in the morning, kept their gains all day. Nine of the 10 categories of stock in the Standard & Poor's 500 rose, with only utilities posting a slight decline. Industrials gained the most, up 1.2 percent.
The Dow Jones industrial average rose 72.81 points, or 0.57 percent, to close at 12,874.04.
The Standard & Poor's 500 index gained 9.13 points, or 0.68 percent, to 1,351.77.
The Nasdaq composite gained 27.51 points, or 0.95 percent, to 2,931.39.
For the year so far:
The Dow is up 656.48 points, or 5.4 percent.
The S&P 500 is up 94.17 points, or 7.5 percent.
The Nasdaq is up 326.24 points, or 12.5 percent.