Day Trading Radio Blog Alert - Breaking Briefs - Monday Monday

Published: Mon, 11/10/14

 
 

2014-11-10 15:40:03-05
Breaking Briefs - Monday Monday

Briguy's Breaking Briefs (DTR1, 4:30pm ET)

What you turn on When the markets turn off.  Join us for news, earnings, and tunes.

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Stocks extended their record-setting rally into Monday, as investors continued to digest upbeat economic data and improving corporate profits.

The Dow Jones Industrial Average recently rose 27 points, or 0.2%, to 17601, marking its fifth-straight session of gains. Earlier in the day, the blue-chip index leapt to an intraday record of 17618.46, reversing a modest loss at the open. The S&P 500 also notched an intraday high, recently advancing five points, or 0.2%, to 2037, in its fourth day of gains.

The Nasdaq Composite Index added 13 points, or 0.3%, to 4646.

Traders reported a quiet session with restrained buying following Friday's jobs report, which showed that U.S. employers added jobs at a moderate pace for another month in October. The report lifted the Dow Industrials and the S&P 500 to record closes. For the year, the Dow has notched 22 records and the S&P has ended at 38 closing highs, gains that investors widely attribute to the Federal Reserve's easy-money policies and a slow but steadily improving economy.

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Twitter: @briguytrading | @breakingbriefs

 




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