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Stocks rise for a fourth straight day, hit fresh record highs


Wednesday, 27 November 2019 21:43 WIB

Saham AS


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Stocks rose slightly on Wednesday, building on their record-setting run after the release of stronger-than-forecast economic data.

The Dow Jones Industrial Average advanced 17 points, or 0.1%. The S&P 500 also gained 0.1% while the Nasdaq Composite climbed 0.2%. The averages were on track to post their fourth straight gain.

Apple and Facebook contributed to Wednesday’s gains, rising 0.6% and 0.5%, respectively.

Durable goods orders rose 0.6% in October while economists expected a decline of 0.8%. Weekly jobless claims, meanwhile, fell to 213,000 from 227,000. Third-quarter GDP was revised to show growth of 2.1%. That's up from a previous reading of 1.9%.

Source: CNBC


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