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Headline Roundup November 5th, 2019

Dow Climbs To Record High

Summary from the AllSides News Team

The Dow Jones Industrial Average climbed on Monday to its first record high since mid-July. The growth was buoyed by last week's upbeat economic growth and October hiring figures, as well as reported optimism about a U.S.-China trade accord.

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U.S. Stocks Outpacing the Rest of the World
U.S. Stocks Outpacing the Rest of the World

Wall Street Journal (News)

News

Steady consumer spending and strength in the labor market keep supporting U.S. stocks despite fears of a recession.

The Dow Jones Industrial Average climbed Monday to its first record since mid-July, the latest example of investors’ faith in the domestic economy powering U.S. stocks to fresh highs.

Buoyed by optimism about a U.S.-China trade accord and last week’s upbeat figures on third-quarter economic growth and October hiring, the blue-chip index climbed 0.4% to 27462.11. The rally brought its 2019 advance to 18% in what has been a banner year on...

Open on Wall Street Journal (News)
Stocks spike to record highs as trade optimism, earnings provide spark
News

All three of the major averages closed at record highs on Monday as renewed trade hopes and strong earnings propelled stocks higher.

The Dow Jones Industrial Average gained 114 points, or 0.42 percent, to book its first record close since July 23. The S&P 500 and Nasdaq finished in record territory for a second straight day.

President Trump celebrated the records in a tweet : Stock Market hits RECORD HIGH. Spend your money well!

The record-setting day came after the Chinese Foreign Ministry said Trump and Chinese President Xi Jinping...

Open on Fox News Digital
Dow hits record as stock market rally extends into 5th week
Dow hits record as stock market rally extends into 5th week

Washington Post

News

The Dow Jones Industrial Average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market’s rally carried into a fifth week.

Oil producers, banks and other stocks that do well when the economy is strengthening again led the way. It’s a notable shift in leadership following months of struggles for what Wall Street calls “cyclical” stocks, which lagged due to worries about trade wars and the slowing global economy.

Behind the resurgence for cyclicals are rising hopes that the United States and China...

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