INQUIRER.net: US stocks edge higher to new records

INQUIRER.net Philippine News for Filipinos

US stocks edge higher to new records Jul 16th 2013, 00:00 NEW YORK CITY—US stocks closed higher Monday, edging to new all-time highs as in-line Chinese economic growth data offset disappointing US retail sales figures.   The Dow Jones Industrial Average rose 19.96 (0.13 percent) to 15,484.26.   The broad-based S&P 500 added 2.31 (0.14 percent) at 1,682.50.   It was the third straight session in which the Dow and S&P 500 closed at new all-time highs.   The tech-rich Nasdaq Composite Index picked up 7.41(0.21 percent) at 3,607.49.   David Levy, portfolio manager at Kenjol Capital Management, said Monday's modest gains came on the heels of "mixed" economic news.   US r... Keep on reading: US stocks edge higher to new records Media files: NY-stock-exchange.jpg (image/jpeg)

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