FYI: U.S. stocks advanced on Monday aided by a jump in oil prices and a retreat in the dollar with the main indexes closing at all-time highs. Oil prices rose to a 3-week high as Russian President Vladimir Putin fed expectations for an OPEC output deal. This was the first time since December 1999, that the S&P 500, Dow industrials, Nasdaq Composite and Russell 2000 closed at records on the same day. The S&P 500 SPX, +0.75% closed 16.28 points, or 0.8%, higher at 2,198.18 with energy and materials leading gains. The Dow Jones Industrial Average DJIA, +0.47% added 88.76 points, or 0.5%, to 18,956.69. The Nasdaq Composite COMP, +0.89% ended the session up 47.35 points, or 0.9%, at 5,368.86. The Russell 2000 index added 3.63 points, or 0.3%, to 1,319.33 according to preliminary FactSet data.
Regards,
Ted
Bloomberg:
http://www.bloomberg.com/news/articles/2016-11-20/dollar-is-king-as-fed-hike-bets-mount-most-asian-futures-dropReuters:
http://www.reuters.com/article/us-usa-stocks-idUSKBN13G198MarketWatch:
http://www.marketwatch.com/story/wall-street-stocks-set-to-struggle-for-direction-in-a-holiday-shortened-week-2016-11-21/printUSA Today:
http://www.usatoday.com/story/money/markets/2016/11/21/stocks-wall-street-dow-sp500-nasdaq-record-highs/94225184/IBD:
http://www.investors.com/market-trend/stock-market-today/stocks-higher-facebook-rises-from-key-level-breakout-for-ibm/CNBC:
http://www.cnbc.com/2016/11/21/s-and-p-500-hits-first-all-time-high-since-august-joins-dow-nasdaq-small-and-mid-caps.htmlAP:
http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-11-21-12-09-33WSJ Markets At A Glance:
http://markets.wsj.com/usSector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-trackerCurrent Futures: Positive
http://finviz.com/futures.ash
