Dow hits record as stock market rally extends into 5th week - Sentinel-Tribune: News

Dow hits record as stock market rally extends into 5th week

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Posted: Monday, November 4, 2019 8:41 pm

NEW YORK (AP) — The Dow Jones Industrial Average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market's rally carried into a fifth week.

Oil producers, banks and other stocks that do well when the economy is strengthening again led the way. It's a notable shift in leadership following months of struggles for what Wall Street calls "cyclical" stocks, which lagged due to worries about trade wars and the slowing global economy.

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