Dschrute3
Gold Member
- Dec 10, 2016
- 15,572
- 1,874
- 290
Sorry Dems, the sky ain't falling. You go Trump!
U.S. stocks rose to record highs after Wal-Mart announced a large buyback and Honeywell said it was splitting into two. Pfizer also contemplated a spin-off as Corporate America looked for ways to keep investors happy and keep this eight-year bull market going.
The Dow Jones industrial average hit a record high shortly after the open, before trading 31 points higher. Wal-Mart contributed the most to the gains.
The Nasdaq composite also reached an all-time high, before trading 0.1 percent higher.
The S&P 500 gained 0.1 percent, with consumer staples among the best-performing sectors. The index also notched a record intraday high.
Stocks hit record highs after Wal-Mart announces $20 billion buyback
DRUDGE REPORT 2017®
U.S. stocks rose to record highs after Wal-Mart announced a large buyback and Honeywell said it was splitting into two. Pfizer also contemplated a spin-off as Corporate America looked for ways to keep investors happy and keep this eight-year bull market going.
The Dow Jones industrial average hit a record high shortly after the open, before trading 31 points higher. Wal-Mart contributed the most to the gains.
The Nasdaq composite also reached an all-time high, before trading 0.1 percent higher.
The S&P 500 gained 0.1 percent, with consumer staples among the best-performing sectors. The index also notched a record intraday high.
Stocks hit record highs after Wal-Mart announces $20 billion buyback
DRUDGE REPORT 2017®