The Dow Jones Industrial Average climbed Monday to its first record since mid-July, the latest example of investors’ faith in the domestic economy powering U.S. stocks to fresh highs.
Buoyed by optimism about a U.S.-China trade accord and last week’s upbeat figures on third-quarter economic growth and October hiring, the blue-chip index climbed 0.4% to 27462.11. The rally brought its 2019 advance to 18% in what has been a banner year on Wall Street. Stocks, bonds and commodities have all posted outsize gains, with resilient…