Wall Street closes higher

Solid earnings and rising M&A activity spur steady gains for US stocks.

The Dow Jones Industrial Average has charged to another record close, bolstered by upbeat corporate news and confidence that the Federal Reserve will keep interest rates low.

The Dow climbed 77.52 points, or 0.5%, to 17,138.20, its 15th all-time high this year. The S&P 500 index rose 8.29 points, or 0.4%, to 1,981.57, and the Nasdaq Composite Index gained 9.58 points, or 0.2%, to 4,425.97.

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