Dow Jones Tops 16,000 For the First Time

Standard & Poor's 500 tops 1800

NEW YORK U.S. stocks kicked off the new week on Wall Street in record-setting mode, with the blue-chip Dow Jones industrial average topping 16,000 for the first time.

The market achieved other milestones as well in early trading. The benchmark Standard & Poor's 500 index opened higher, topping the 1800 level for the first time in its history.