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Dow rises for 7th-straight day

Mar. 12, 2013 @ 12:00 AM

NEW YORK -- The stock market crept higher Monday, pushing the Dow Jones industrial average to its seventh straight day of gains.

Boeing was the Dow's top stock, surging 2 percent. A Boeing executive reportedly said he's confident the aircraft maker has figured out a fix for the battery problems that have grounded the 787 Dreamliner.

The last time the Dow rose for seven consecutive days was March 2012. The latest streak began last Tuesday, when the blue-chip index blew past its all-time high, then kept climbing to end the week up 2 percent.

On Monday, the Dow rose 50.22 points to end the day at 14,447.29, an increase of 0.3 percent.

The Standard & Poor's 500 index edged up 5.04 points, also 0.3 percent, to close at 1,556.22. The index, the most popular market measure for investment funds, is nine points shy of its all-time closing high reached in October 2007.

The Nasdaq composite added 8.51 points to 3,252.87.

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