Stocks Ease Higher in Quiet Session
Investor optimism stemming from last week's better than expected jobs report carried over into Monday's quiet session with traders getting no new domestic economic data to chew over and few earnings headlines to key on as second-quarter reporting season winds down.
The Dow closed up more than 21 points, or 0.16%, at 13,117.51, sliding back after running as high as 13,187 earlier in the session. Thanks to Friday's mega-rally after nonfarm payrolls increased by 163,000 in July, the blue-chip index is riding a four-week winning streak, its longest since a five-week stretch of gains in October 2011.
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