The Dow is heading toward its highest close since October
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| | | 4/23/2019 | |
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| Nasdaq, S&P Eye Record Closes as Oil Stays Hot | | By Patrick Martin | | The Dow Jones Industrial Average (DJI) is up triple-digits today, and eyeing its highest close since October, thanks to a upbeat quarterly earnings from blue chips Coca-Cola (KO) and United Technologies (UTX). In addition, traders are digesting a surprise jump in new home sales in March. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are confidently in the black, too -- and chip-shots from record closes -- as they look to lock up their third straight win. Elsewhere, rising oil prices continue to be a talking point, with May-dated crude futures up 2.6% at $65.66 per barrel, at last check. Continue reading for more on today's market, including: - The movie hype helping Disney stock to record highs.
- Hasbro could have its best day in years after a surprise profit beat.
- Plus, struggling Newell Brands attracts options bears; the healthcare stock eyeing its best day in years; and Mattel enjoys a halo lift.
| | >> Continue reading... | |
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