The Dow Jones Average recorded a historic performance on Monday after closing at nearly 35,000 points for the first time as the United States prepares for a series of upcoming economic reports and earning releases.

At the closing bell, Dow dipped slightly to settle at 34,996.18 points on Monday, teasing a record-breaking closing. The Wall Street index ended up with a 0.4% boom on Monday, according to reports from AFP.

Other major indices had a similar fate with the tech-based Nasdaq ending at 14.733.24 points with a 0.2% boost. Broad-based S&P 500 ended up with a 0.4% advance and 4.384.63 points to conclude the intense day, which marked a record day for the major indexes.

Investors are geared up for a heady earnings season, beginning Tuesday with reports from JPMorgan Chase and Goldman Sachs, according to reports from AFP.

The period is expected to be the second strongest quarter in the last 25 years, according to CFRA Research’s Sam Stovall.

New York Fed President John Williams told reporters Monday that the recovery in key areas of the US economy is not sufficient enough for the central bank to start pulling back on its aggressive stimulus program, AFP reported.

Large banks enjoyed a good session as Treasury bond yields strengthened and investors looked ahead to the earnings announcements. JPMorgan Chase, Goldman Sachs, Citigroup and Bank of America all piled on at least 1%.

Streaming and entertainment giant Disney was also one of the top contenders on Monday as its stock soared 4.2%, the credit for which is likely due to a substantial opening of its highly anticipated superhero movie ‘Black Widow‘, which stars Scarlett Johansson. 

According to reports from CNBC, ESPN+, a widely used streaming service that is controlled by Disney, will also be boosting its subscription price, an act that is likely to impact its stock market standing.