Contact Us
Make My Homepage

Dow Sets Record at Open

NEW JERSEY 101.5

The Dow Jones industrial average set two record at the opening bell today.

Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange (Andrew Burton/Getty Images)

The Dow hit 16,000 for the first time while the S+P topped 1,800. The Nassaq was less than 10 points from the 4,000 mark as well.

For every five shares on the decline, eight gained on the New York Stock Exchange, where 68 million shares traded as of 9:40 a.m. Eastern. Composite volume cleared 218 million reports CNBC.

Boeing led the blue-chips with over 250 orders for its 777 jet worth $100 billion.

CNBC credits optimism about ongoing stimulus from the Federal Reserve, anticipation of economic reports this week on retail sales and manufacturing to measure the health of the economy.

Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.

The S&P 500 index has risen for six weeks straight and is up 26 percent so far this year. A growing number of market watchers are calling for caution after the steep rise.

This is a breaking story. Check back for details.

MORE COVERAGE:

The Associated Press contributed to this report.

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!