Dow extends winning streak on hopes for U.S. economy.
The Dow index rose Monday, extending its winning streak to the fourth trading day on hopes of a U.S. economic recovery.
The 30-issue Dow Jones Industrial Average added 37.69 points, or 0.29 percent, to end at 12,959.71. In contrast, the tech-heavy Nasdaq Composite Index shed 4.68 points, or 0.16 percent, to 2,983.66.
The Dow gradually advanced on buying of domestic demand-related shares amid expectations for a further improvement in the U.S. economy, market analysts said.
Its gains, however, were limited on concerns over a possible slowdown in the Chinese economy, the analysts said.
A wait-and-see mood dominated the market ahead of Tuesday's meeting of the U.S. Federal Reserve's policy-setting Federal Open Market Committee, they added.