Dow Approaches 22,000, Closes at Record High

The Dow is coming off its strongest monthly performance since February

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AP

U.S. stocks traded higher on Tuesday, the first trading day of August, as the Dow Jones industrial average approached another milestone, CNBC reported.

The 30-stock index rose about 82 points to a new record, with Goldman Sachs contributing the most gains.

The Dow also traded near 22,000. The S&P 500 rose 0.25 percent, with utilities and financials leading advancers. The Nasdaq composite climbed 0.2 percent.

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