Dow Hits Third-Consecutive All-Time High … Investors Await Friday’s February Job’s Report … Facebook Revamps Site
The Dow Jones Industrial Average set a new all-time high for a third consecutive day following a solid weekly jobless claims report. The NASDAQ Composite gained 0.30% while the S&P 500 gained 0.18%. The NASDAQ Composite and S&P 500 are on pace for their best week so far this year as the NASDAQ Composite has gained 1.96% this week while the S&P 500 has gained 1.71% so far this week.
U.S. markets were essentially flat today as the three major indices all traded within a tight range. The S&P 500 and the Dow Jones Industrial Average both finished higher by 0.05%, while the NASDAQ Composite closed down 0.10%. European markets closed at fresh two-month lows after a slew of weak earnings reports and tensions grew between France and Germany over the euro exchange rate.
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