Stock Market

Dow Claws Way to Record

 

Energy prices inched higher following the latest weekly report on inventory levels. Crude futures rose 3 cents to close at $63.13 a barrel, while natural gas ended up 8 cents at $7.50 per million British thermal units.

The Energy Department's latest weekly inventory figures showed a decline of just 1 million barrels in crude inventories. Gasoline stocks fell by a greater-than-expected 2.7 million barrels, while distillates were lower by only 800,000 barrels.

Metals prices were little changed. Gold added 80 cents to $693.30 an ounce, and silver was off 5 cents at $13.97 an ounce.

Overseas, markets were mixed in Asia and dropping in Europe. Tokyo's Nikkei added 0.8% to 17,667, but Hong Kong's Hang Seng slipped 0.06% to 20,777. London's FTSE shed 0.6% to 6460, and Frankfurt's Xetra DAX was losing 0.9% to 7282.

The earnings torrent will continue at full force on Thursday. Among those scheduled to report are Google (GOOG), Advanced Micro Devices (AMD), American Express (AXP), homebuilder D.R. Horton (DHI) and Merck (MRK).

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet