Dow rises more than 100 points to close at a record

The Dow Jones Industrial Average reached a record high on Monday as investors anticipated new inflation and earnings data.

The 30-stock index rose by 125.69 points, or 0.33%, closing at 38,797.38.

The S&P 500 experienced a slight decrease of 0.09%, settling at 5,021.84, while the Nasdaq Composite declined by 0.3%, finishing at 15,942.55.

Salesforce contributed to the Dow’s decline, with the cloud-based software stock falling by 1.4%.

Meanwhile, Hershey’s shares slipped by less than 1% following a downgrade to underweight from Morgan Stanley due to softer demand.

In contrast, Diamondback Energy surged by 9.4% after announcing its acquisition of oil and gas producer Endeavor Energy Partners, CNBC reported.

READ MORE: https://www.cnbc.com/2024/02/11/stock-market-today-live-updates.html

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley