U.S. stocks rose for the sixth day in a row, yesterday, as major indexes continued to set record highs. The biggest gains went to companies that have been mostly left out of the post-election rally, including health care companies and makers of household goods. So the Dow Jones industrial average jumped 142 points, or 0.7 percent, to close at 19,757. The Standard & Poor's 500 index advanced 13 points, or 0.6 percent, to 2,260. And the Nasdaq composite added 27 points, or 0.5 percent, to 5,445.In US economic data, a preliminary survey from the University of Michigan showed the U.S. consumer sentiment index at its highest level since January 2015. U.S. wholesale inventories fell in October amid an increase in sales, supporting views that inventory investment will help economic growth in the fourth quarter.
News On AIR | December 10, 2016 3:47 PM
US stock streak hits 6th day in row on broad gains