While you were sleeping Dow advances to record

Wed, 06 Nov 2013

By Margreet Dietz Nov 7 (BusinessDesk) - The Dow Jones Industrial Average rose to a record as investors bet that the latest economic and jobs reports will confirm weak growth and prompt the US Federal Reserve to maintain its monetary stimulus into the new year. In afternoon trading in New York, the Dow Jones Industrial Average climbed 0.62 percent, while the Standard & Poor’s 500 Index gained 0.27 percent. The Nasdaq Composite Index fell 0.2 percent. Earlier in the day the Dow rose as high as a record 15,732.88. Gains in shares of Microsoft,...

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