The Dow Jones Industrial Average on Monday closed above the key 18,000 mark for the first time since July as better-than-expected corporate earnings offset the disappointment over the failure of oil producers to limit crude output during a meeting in Doha, Qatar, over the weekend. However, companies like Hasbro Inc. and PepsiCo Inc. , which reported early Monday, turned in robust quarterly earnings, helping to soothe investors' sentiment. The Dow Jones Industrial Average gained 106 points, or 0.6%, to end at 18,004, while the S&P 500 rose 13 points, or 0.7%, to close at 2,094. The Nasdaq advanced 21 points, or 0.4%, to finish at 4,960.
Copyright © 2016 MarketWatch, Inc.