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Dow Closes Triple Digits Higher at Record High Along with S&P 500

Susannah Lee
9/18/14 4:31 PM EDT
A new record for the Dow Jones Industrial Thursday as stocks rose for a third day. Investors are still giddy from the Fed's decision Wednesday to keep interest rates low for a 'considerable time.' ConAgra (CAG) shares gained more than 4.59% on good earnings. The company posted better-than-expected quarterly profit and said its consumer foods business was doing better. Energy stocks didn't join the rally on falling oil prices. Exxon Mobile (XOM) and Chevron (CVX) were the Dow components' biggest laggards. Sears (SHLD) is down more than 5% in today's trading after one analyst said, 'this is the end' for the stock. Credit Suisse issued the negative note suggesting the retailer should liquidate its assets while it can. All eyes are now on Alibaba (BABA). The Chinese e-commerce company is expected to price between $66 and $68 dollars a share and will begin trading on the New York Stock Exchange Friday.
Stock quotes in this video: CAG, SHLD, CVX, XOM, BABA, .DJI, .INX, .IXIC

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