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Dow bursts through 26000 in record seven trading days

Dow bursts through 26000 in record seven trading days

The Dow made the latest 1,000 point milestone move in a record-setting seven sessions, breaking the previous record of moving 1,000 points in 23 sessions.

In related news, Director Mark Edward Thompson sold 1,000,000 shares of SPDR Dow Jones Industrial Average ETF stock in a transaction that occurred on Tuesday, November 7th. Wall Street opened higher today, with the Dow again poised to cross the 26,000-point threshold amid a fresh wave of earnings reports from major financial firms. Cadinha & Co. LLC now owns 90,798 shares of the exchange traded fund's stock worth $20,322,000 after purchasing an additional 89,005 shares during the last quarter.

More than three-quarters of the 36 S&P 500 companies that have reported so far have topped earnings estimates, according to Thomson Reuters I/B/E/S.

For the technological Nasdaq, the decline was 0.51% to 7,223.69 points.

Citigroup on Tuesday reported adjusted earnings per share of $1.28 for the fourth quarter of 2017, beating market expectations $1.19. The so-called "fear index" added 2.2% to close at 11.92, its highest since early December.

Day traders strive to make money by exploiting minute price movements in individual assets (usually stocks, though currencies, futures, and options are traded as well), usually leveraging large amounts of capital to do so, therefore they trade on Stocks in Play.

Pravin Togadia found unconscious in Ahmedabad
Heavy police security was deployed at the hospital preventing VHP workers from entering the premises. Reacting to his charge, Nirupam told reporters that, "We have ideological differences with Togadia".


It rose above this level the session on Tuesday.

In the United Kingdom, the FTSE 100 dropped by about 13 points to 7,755.93, as European shares dipped slightly after strong gains in recent weeks.

Deutsche Bank lost 0.8 per cent after it was accused in a lawsuit of conspiring to rig a Canadian benchmark rate.

Weaker Brent crude prices also weighed on the energy sector, while a slide in copper prices pulled BHP Billiton, Glencore, Rio Tinto and Anglo American down by between 1.4 and 3 per cent. Many finance pros believe bitcoin is in a speculative bubble that could burst any time.

February West Texas Intermediate crude fell 57 cents, or 0.9%, to settle at $63.73 a barrel On the New York Mercantile Exchange. The Dow Jones Small-Cap Value TSM Index closed at 10,476.31 for a gain of 86.35 points or 0.83%.