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S&P 500 climbs to less than 10 percent below all-time high


    NEW YORK (Reuters) - The S&P 500 rose on Monday to trade less than 10 percent below its historic closing high set in October 2007, as news that Apple will start paying a dividend again added to optimism spurred by weeks of strong economic data in the United States to continue to lure investors into U.S. stocks.

    The Dow Jones industrial average gained 20.25 points, or 0.15 percent, to 13,252.87. The S&P 500 Index rose 6.03 points, or 0.43 percent, to 1,410.20. The Nasdaq Composite added 21.10 points, or 0.69 percent, to 3,076.36.

    The S&P 500's session high of 1,410.44 was less than 10 percent below the benchmark's historic closing high of 1,565.15 set on October 9, 2007.

    (Reporting by Rodrigo Campos; Editing by Jan Paschal)