Dow Jones and S&P 500 End October With Record Highs

October is typically known for its market crashes, but this year the month ended with stocks at record highs. The Dow Jones and S&P 500 closed out the day at record highs, while Nasdaq climbed as high as 4641.51 in early trading, its highest level in over 14 years. Global stocks reacted positively to Japan's Nikkei which jumped up 4.8% today, thanks in part to Japan adding more stimulus to its struggling economy. Despite falling gas prices, Exxon (XOM) posted strong third quarter numbers. Thanks to a very strong performance for its refining business, the world's largest oil company said that profits were up 3% in Q3.

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Published on Oct 31, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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