Stocks closed slightly higher on Monday, putting the U.S. market close to a record high. The market climbed as investors assessed some good corporate earnings. There was also some encouraging news on the economy, a report that showed U.S. factory orders rose in March for the first time since July.

On Monday:

The Dow Jones industrial average rose 46.34 points, or 0.3 percent, to close at 18,070.40.

The Standard & Poor's 500 index gained 6.20 points, or 0.3 percent, to 2,114.49.

The Nasdaq increased 11.54 points, or 0.2 percent, to 5,016.93.

For the year:

The Dow is up 247.33 points, or 1.4 percent.

The S&P 500 index is up 55.59 points, or 2.7 percent.

The Nasdaq is up 280.87 points, or 5.9 percent.